177 Murphys Rd, Bungaree is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 21049m2 and floor size of 333m2. While the property is not currently for sale or for rent, it was last sold in August 2010.
A RARE FIND...ACREAGE PROPERTY ON THE MELBOURNE SIDE
OFTEN SOUGHT, BUT RARELY FOUND AROUND THE TIGHTLY HELD DISTRICTS OF BUNGAREE AND WALLACE, THIS GREAT LIFESTYLE PROPERTY ENJOYS JUST OVER 4 ACRES (APPROX) OF QUALITY VOLCANIC SOILS. THE HOME COMPRISES 4 BEDROOMS, A SPACIOUS LOUNGE WITH TIMBER FLOORS, A LARGE TIMBER KITCHEN INCORPORATING THE MEALS AREA AND A BATHROOM WITH SEPARATE SHOWER ROOM. OUTSIDE THE PROPERTY HAS A LARGE MACHINERY SHED, GARAGE, ESTABLISHED TREES, 45000 LITRE WATER TANK STORAGE, CHICKEN RUN AND A PADDOCK AT THE REAR OF THE PROPERTY. WITH SEALED ROAD FRONTAGE THE PROPERTY HAS AN OPERATIONAL BORE PROVIDING A DRINKABLE WATER SUPPLY. WITHIN EASY DRIVING DISTANCE OF BALLARAT AND GREAT ACCESS TO MELBOURNE VIA THE WESTERN HWY THIS IS A RARE OPPORTUNITY IN THE AREA.
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 130.16% increase in median value, while Units have seen a 43.98% increase. As at 31 January 2025:
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