OFF MARKET

116 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 2729m2
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Property Details for 116 Lake Bunga Beach Rd, Lake Bunga

Building Type
Commercial
Year Built
1975
Floor Size
86m2
Land Size
2729m2
Local Government
East Gippsland
Lot/Plan
2/LP117530

Last Listing description (September 2023)

Land like this is rare. Ample size block only meters to the lake and couple of hundred meters to the pristine 90 mile beach. All positioned in a secluded area of Lake Bunga Beach. (Structure on lot to be removed before settlement)

Property History for 116 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$320,000
29 Mar 2011
  • 24 Dec 2021
    Listed for Sale $395,000
  • 29 Mar 2011
    Sold for $320,000
  • 06 Aug 2010
    Listed for Sale $330,000
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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 25 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.