Consisting of five separate titles this property and well situated 32 km South East of Ballarat offering outstanding access to Melbourne and Geelong this could be the investment/farming enterprise you have been waiting for. Approximately 80% of the property is planted to now ready for harvest Tasmanian Bluegums of which the bulk where planted in 1999 (100HA Approx) with a further planting in 2002 (28HA Approx). Mains power is available; there are all weather access tracks, water is delivered to stock by a series of five surface dams and the properties boundary and internal fences generally range from good to fair condition. Ideal location with opportunities limited only by your imagination
The size of Bungal is approximately 51.5 square kilometres. It has 1 park covering nearly 17.9% of total area. The population of Bungal in 2011 was 170 people. By 2016 the population was 33 showing a population decline of 80.6% in the area during that time. The predominant age group in Bungal is 40-49 years. Households in Bungal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungal work in a professional occupation. In 2011, 93.8% of the homes in Bungal were owner-occupied compared with 87.6% in 2016..
Bungal has 39 properties. As at 31 August 2024:
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