2325 The Lakes Way Bungwahl NSW 2423
Property Details for 2325 The Lakes Way, Bungwahl
Last Listing description (March 2016)
360 Degree views from this sought after 91 Acre property. Views to Port Stephens to the South and Barrington Tops to the North. Most of the hard work has been done with a bitumen driveway, fully fenced, 3 phase power available, 3 dams, levelled home site ready to build. Close proximity from Seal Rocks beaches, lake access onto the Myall Lakes and boat ramp. This property has Tourism potential subject to council approval. Call now to inspect this outstanding property!
Property History for 2325 The Lakes Way, Bungwahl, NSW 2423
- 11 Mar 2016Sold for $500,000
- 11 Mar 2016Sold for $800,000
- 11 Mar 2016Sold for $800,000
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About Bungwahl 2423
The size of Bungwahl is approximately 61.6 square kilometres. It has 2 parks covering nearly 35.1% of total area. The population of Bungwahl in 2011 was 253 people. By 2016 the population was 212 showing a population decline of 16.2% in the area during that time. The predominant age group in Bungwahl is 60-69 years. Households in Bungwahl are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungwahl work in a trades occupation. In 2011, 73.9% of the homes in Bungwahl were owner-occupied compared with 70.2% in 2016.
Bungwahl has 233 properties. Over the last 5 years, Houses in Bungwahl have seen a 29.33% increase in median value. As at 31 October 2024:
- The median value for Houses in Bungwahl is $783,864 while the median value for Units is $492,079.
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