OFF MARKET

19 Sheehans Lane
Bungaree VIC 3352

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 33938m2
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Property Details for 19 Sheehans Lane, Bungaree

Building Type
Rural
Land Size
33938m2
Local Government
Moorabool
Lot/Plan
1/PS636055

Last Listing description (July 2017)

Situated on the Melbourne side of Ballarat and with easy access the Western Freeway, is this former spring water packaging and storage/distribution facility.
With a bore in place and a purpose built 27m x 24m barn style factory, this property presents a unique opportunity in a tightly held area to reinstate a water business, potential home site (STCA), or develop or add-on to an existing horticultural operation.
The land is on rich volcanic soil, varying from higher ground suitable for horticulture and lower lying areas. There is a large catchment dam and a further .6ha (1.5 acres approx.) grazing licence also on property, fencing is serviceable throughout.

The warehouse has a split level with upper floor offices/board room, store room, staff amenities and is being offered on a walk in/walk out basis.
There is also the remains of a historic house site (uninhabited)
For Sale: $1,200,000 negotiable

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Property History for 19 Sheehans Lane, Bungaree, VIC 3352

A timeline of how this property has performed in the market
  • 02 Jun 2017
    Listed for Sale $1,200,000
  • 08 Apr 2016
    Listed for Sale Not Disclosed

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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 130.16% increase in median value, while Units have seen a 43.98% increase. As at 31 January 2025:

  • The median value for Houses in Bungaree is $669,701 while the median value for Units is $881,846.
There are currently 1 property listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Bungaree.

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