8-10 Austins RoadBundalong VIC 3730
Property Details for 8-10 Austins Rd, Bundalong
Last Listing description (October 2021)
This one of a kind lifestyle property is located in the heart of Bundalong and has recently been re-zoned with an approved subdivision plan consisting of 4 x 1 acre allotments! The opportunity for this property to be developed is easy and is a prime investment opportunity! The property sits across a large 5.8 acre parcel of land, and features an existing 4 bedroom double brick residence with 9ft ceilings throughout, evaporative cooling, floor heating and solar panels. The open plan kitchen dining and living area has a coonara heater, and the additional formal dining and lounge area is perfect for entertaining the whole family. Outside there is a salt water pool, gazebo and entertainment area surrounded by beautifully maintained & established gardens that feature in ground sprinklers, a fresh water bore plus two additional water tanks. The property also offers a large shed with high clearance (7.2 x 10.8) with an additional carport perfect for storage of boats & caravans.
Did we mention its also positioned only 700m to the Ovens River, and less than 1km to the Murray River? Only a short distance from neighbouring towns Yarrawonga & Wangaratta this property offers ideal lifestyle, with the opportunity to downsize and subdivide later or perfect for a developer to develop and on sell now!
Inspections are highly recommended! For more information or to arrange an inspection please contact the team at Extons Real Estate on 03 5743 1400.
Property History for 8-10 Austins Rd, Bundalong, VIC 3730
- 06 Oct 2021Sold for $1,435,000
- 18 Jun 2021Listed for Sale Expression Of Interest
- 03 Mar 2020Listed for Rent $490 / week
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About Bundalong 3730
The size of Bundalong is approximately 66.5 square kilometres. It has 2 parks. The population of Bundalong in 2011 was 606 people. By 2016 the population was 411 showing a population decline of 32.2% in the area during that time. The predominant age group in Bundalong is 50-59 years. Households in Bundalong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundalong work in a managers occupation. In 2011, 81.1% of the homes in Bundalong were owner-occupied compared with 83.7% in 2016.
Bundalong has 709 properties. Over the last 5 years, Houses in Bundalong have seen a 61.62% increase in median value. As at 31 December 2024:
- The median value for Houses in Bundalong is $903,513 while the median value for Units is $378,463.
- Houses have a median rent of $455.
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