FOR SALE
$200,000

40 Vincent Crescent
Lake Bunga VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 951m2
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GREAT BLOCK IN A PERFECT POSITION!

This 951sqm block of land in Lake Bunga offers a fantastic opportunity for anyone looking to build their dream home. Located in a quiet and peaceful area, the land is part of the new Vincent Crescent estate, ensuring a fresh and modern neighborhood. All essential services are connected and titled land, making it ready for immediate development of a dwelling. One of the key highlights is its proximity to the beach – just a short walk away. Additionally, the block has the potential for beautiful views, enhancing the appeal of your future home. Whether you're planning to build a family residence or an investment property, this block provides an excellent foundation in a prime location.
Contact King & Heath today for more information!
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Property Details for 40 Vincent Cres, Lake Bunga

Building Type
Land
Land Size
951m2

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About Lake Bunga 3909

The size of Lake Bunga is approximately 2 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Lake Bunga in 2011 was 451 people. By 2016 the population was 310 showing a population decline of 31.3% in the area during that time. The predominant age group in Lake Bunga is 60-69 years. Households in Lake Bunga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Bunga work in a professional occupation. In 2011, 78.3% of the homes in Lake Bunga were owner-occupied compared with 84.6% in 2016.

Lake Bunga has 338 properties. Over the last 5 years, Houses in Lake Bunga have seen a 68.71% increase in median value, while Units have seen a 72.43% increase. As at 31 July 2024:

  • The median value for Houses in Lake Bunga is $721,973 while the median value for Units is $379,570.
  • Houses have a median rent of $285.
There are currently 26 properties listed for sale, and 1 property listed for rent in Lake bunga on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Lake bunga.

Suburb Insights for Lake Bunga 3909

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Sam Palmer
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King & Heath First National - LAKES ENTRANCE
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.