190 Bungaree-Wallace Rd, Bungaree is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 7819m2.
This lifestyle property enjoys the charm and serenity of quaint Bungaree but also the convenience and services of neighbouring Ballarat. There is easy access to the freeway for commuters with the town being on the Melbourne side of Ballarat. The property sits at the front of a large lifestyle block big enough for some animals, further shedding (STCA), gardens or to simply enjoy the breathtaking views across the countryside. The property offers the combination of a unique 1920's heritage building and a more modern four bedroom two bathroom dwelling that has ben well maintained. The original building is very spacious with timber bar, open fireplace, wood heater and large versatile spaces that can be separate or open complete with its own dance floor. The space could suit a multitude of uses such as larger living space for the whole property, studio or home office. There is direct access through to a comfortable residence that features four bedrooms, master with ensuite and walk in robe and others with built in robes. The kitchen is large and functional with space for meals. There is a central living space as well as bathroom with separate bath and shower and separate laundry. Outside you have a couple of large paddocks, triple car port and a further room that could be converted to further accommodation with minimal upgrades. A rare opportunity to own a piece of history.
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 69.33% increase in median value, while Units have seen a -60.29% decrease. As at 31 October 2024:
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