OFF MARKET

122 Lesters Road
Bungaree VIC 3352

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 93990m2
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Property Details for 122 Lesters Rd, Bungaree

Building Type
Rural
Year Built
1950
Floor Size
139m2
Land Size
93990m2
Local Government
Moorabool
Lot/Plan
1/TP566512

Last Listing description (April 2023)

Situated within the tightly held Bungaree district which is a convenient 15 minute drive to Ballarat and offers easy access to Melbourne.

Approx total area of 20 acres consisting of 1 title and zoned farming under the Moorabool Shire planning scheme. The home block is fenced to include about 2.40 acres which is separated from the main paddock of some 18 acres via Hanrahan Lane. Two mile creek to the rear of the land feeds a dam providing water for livestock and irrigation of crops with a 9.9 surface water licence. The locals refer to this area as possum gully.

The house Circa 1940's sits on brick foundation and timber stumps with low maintenance cladding, colourbond roof which was replaced some years ago and consists of 3 bedrooms with two separate living zones. Towards the front of the home is the formal loungeroom which has been used as a fourth bedroom.

Galley style kitchen which has been upgraded, offering gas cooktop, electric oven which overlooks the meals area and living space which is warmed by a wood fire. The bathroom features a bath, tiled walls and floors plus vanity unit. The toilet is located next door to the laundry - mud room which includes a shower. High ceilings, polished timber floors and wide entrance hall way are just some of the original features in good order.

The land is currently under a lease arrangement till end of this financial year which is about $150 per acre and has been recently stripped of a wheat crop. The dirt is mostly deep red volcanic soil which this area is highly renowned for and good enough to produce a very successful spud crop.

Bungaree is well serviced by a friendly general store and farm supplies business, primary school, modern sports oval with bowls club and daily school bus into Ballarat.
The property is serviced by mains power, septic tank, has sealed road frontage, NBN internet is available for connection and house water is supplied from a stock and domestic bore offering crystal clear drinking water.

To be offered for sale by EOI closing Monday 6th March @ 4pm. All enquires to selling agent Chris Leonard 0409 0409 23 or chrisl@prdballarat.com.au.

Ballarat's Best-Selling Team

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Property History for 122 Lesters Rd, Bungaree, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$856,725
06 Mar 2023
  • 06 Mar 2023
    Sold for $856,725
  • 06 Feb 2023
    Listed for Sale Not Disclosed
  • 15 Oct 2022
    Transferred

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About Bungaree 3352

The size of Bungaree is approximately 24.9 square kilometres. The population of Bungaree in 2011 was 406 people. By 2016 the population was 276 showing a population decline of 32.0% in the area during that time. The predominant age group in Bungaree is 40-49 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation. In 2011, 80.5% of the homes in Bungaree were owner-occupied compared with 82.2% in 2016..

Bungaree has 153 properties. Over the last 5 years, Houses in Bungaree have seen a 57.47% increase in median value, while Units have seen a -60.29% decrease. As at 30 September 2024:

  • The median value for Houses in Bungaree is $717,985 while the median value for Units is $602,361.
There are currently 1 property listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Bungaree.

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