FOR SALE
$310,000

315 Bungaree-Wallace Road
Bungaree VIC 3352

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 907m2
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Entry Price Point, Bungaree Residence

Discover the potential of this charming miner's cottage, a true renovator's delight, nestled in the heart of Bungaree. Dating back to the early 1900s, this property is steeped in history and character. The traditional floorplan features a distinctive gun barrel hallway leading to three well-sized bedrooms and a formal lounge, all enhanced by polished timber floors that radiate warmth.
Set on a generous 907m2 allotment-just shy of a quarter-acre-the property offers a 13-meter frontage and stretches 69 meters in depth. The driveway on the right side of the home allows easy access to the rear of the block, where older-style sundry shedding provides ample storage or potential workshop space.
Zoned as a township and free from heritage overlays, this property is a blank canvas for your creative vision. Whether you aim to restore its original charm or introduce contemporary elements, the possibilities are endless. With annual rates of approximately $1,400, this is an affordable entry into a piece of Bungaree's history.
Essential services, including mains power, town water, and a septic tank, are already in place, with NBN internet available for connection, ensuring modern conveniences are within easy reach. Centrally located, the property is just a short walk from the Bungaree General Store, Primary School, and sports oval. The vibrant city of Ballarat is a mere 15-minute drive, and Melbourne is only an hour further.
Don't miss this unique opportunity to own a piece of Bungaree's history and craft your dream home in a community that offers both charm and convenience.
Ballarat's Best-Selling Team
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Property Details for 315 Bungaree-Wallace Rd, Bungaree

315 Bungaree-Wallace Rd, Bungaree is a 3 bedroom, 1 bathroom House. The property has a land size of 907m2. The place is currently for sale with PRD Real Estate Ballarat.

Building Type
House
Land Size
907m2

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About Bungaree 3352

The size of Bungaree is approximately 24.9 square kilometres. The population of Bungaree in 2011 was 406 people. By 2016 the population was 276 showing a population decline of 32.0% in the area during that time. The predominant age group in Bungaree is 40-49 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation. In 2011, 80.5% of the homes in Bungaree were owner-occupied compared with 82.2% in 2016..

Bungaree has 153 properties. Over the last 5 years, Houses in Bungaree have seen a 57.47% increase in median value, while Units have seen a -60.29% decrease. As at 30 September 2024:

  • The median value for Houses in Bungaree is $717,985 while the median value for Units is $602,361.
There are currently 1 property listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bungaree.

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Chris Leonard
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Richard Stacey
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PRD Real Estate Ballarat
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