FOR SALE
$180,000

41 Vincent Crescent
Lake Bunga VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1071m2
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Great Opportunity To Buy!

Situated just a short stroll away from the pristine shores of Lake Bunga Beach, this property enjoys the best of both worlds - the tranquility of coastal living and the convenience of urban amenities. With only a 7-minute drive to the vibrant township of Lakes Entrance, residents can easily access shops, restaurants, schools and recreational facilities. Generous land size of approximately 1,071 square metres, providing ample space for building and landscaping. Whether you're looking to build your dream home, create a holiday getaway, or capitilize on the flourishing tourism market in the area, this block of land offers endless possibilities for growth and development. Contact King & Heath today.
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Property Details for 41 Vincent Cres, Lake Bunga

Building Type
Land
Land Size
1071m2

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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 71.86% increase in median value, while Units have seen a 81.94% increase. As at 31 October 2024:

  • The median value for Houses in Lake Bunga is $655,934 while the median value for Units is $394,672.
  • Houses have a median rent of $285.
There are currently 21 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.

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Chris Howlett
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King & Heath First National - LAKES ENTRANCE
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