344 Bungaree-Wallace Rd, Bungaree is a 3 bedroom, 1 bathroom House and was built in 1910. The property has a land size of 1017m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
An affordable entry-level property in the tightly held Bungaree township, only 10 minutes drive from Ballarat CBD and walking distance to Bungaree sporting reserve and all local amenities.
Offering great potential for buyers to turn this property into a comfortable family home or investment, which is quite liveable now but some renovations would restore it back into the great family home it once was. Featuring three bedrooms, a separate lounge room, a functional kitchen, a main bathroom with shower over the bath and a separate toilet.
The large backyard is a blank canvas, there's plenty of room to extend, build a larger shed or just have rooms for gardens or for the kids to play. Situated next to the primary school this property won't last long.
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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