OFF MARKET

111 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 3
Floor area: 130m2
Land area: 618m2
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Property Details for 111 Lake Bunga Beach Rd, Lake Bunga

111 Lake Bunga Beach Rd, Lake Bunga is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 618m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
618m2
Local Government
East Gippsland
Lot/Plan
2/LP55495

Last Listing description (June 2022)

This two storey home is perfect for the astute renovator, holiday home, investors or developers looking to get into the market, this two bedroom home with the opportunity to create two more bedrooms on the lower level is situated on a comfortable 618sqm (approx.) allotment showcases a mass of potential in a fantastic location, only moments to the Lake Bunga Beach and walking track, so close you can hear and watch the waves roll in.

The upstairs offers a functional layout with a large living room to enjoy your ocean views including a split system for your year round comfort, a separate kitchen with part tiled benchtops, electric appliances and a dining area to sit and enjoy the winter sun. There are two comfortable sized bedrooms and a central bathroom.

Downstairs offers the potential to renovate into two extra bedrooms or get creative and add a kitchenette for a separate living area, included downstairs is an unfinished bathroom with bathtub, separate toilet and laundry area opening out to your undercover alfresco area.

Moving outside you can enjoy the undercover alfresco area. You have the opportunity to create a secondary access (STCA) to park your boat or caravan in the undercover area on the left side of the home, the backyard also includes a carport, shed, paved area and some established fruit trees.

The potential is endless and once you add your creative touches, you can sit back, relax and reap the rewards of having the perfect coastal lifestyle in a quiet area of Lake Bunga Beach.

Call our friendly Sales team today on 03 5155 3133 and secure your new beach location!

Property History for 111 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$550,000
24 May 2022
  • 24 May 2022
    Sold for $550,000
  • 02 May 2022
    Listed for Sale $565,000
  • 06 Nov 1995
    Sold for $75,000
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About Lake Bunga 3909

The size of Lake Bunga is approximately 2 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Lake Bunga in 2011 was 451 people. By 2016 the population was 310 showing a population decline of 31.3% in the area during that time. The predominant age group in Lake Bunga is 60-69 years. Households in Lake Bunga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Bunga work in a professional occupation. In 2011, 78.3% of the homes in Lake Bunga were owner-occupied compared with 84.6% in 2016.

Lake Bunga has 339 properties. Over the last 5 years, Houses in Lake Bunga have seen a 46.33% increase in median value, while Units have seen a 83.13% increase. As at 30 September 2024:

  • The median value for Houses in Lake Bunga is $620,280 while the median value for Units is $404,482.
  • Houses have a median rent of $285.
There are currently 27 properties listed for sale, and 1 property listed for rent in Lake bunga on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Lake bunga.

Suburb Insights for Lake Bunga 3909

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.