OFF MARKET

12 Tea Tree Lane
Lake Bunga VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 229m2
Land area: 1696m2
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Property Details for 12 Tea Tree Lane, Lake Bunga

12 Tea Tree Lane, Lake Bunga is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 1696m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in November 2004.

Building Type
House
Year Built
2007
Floor Size
229m2
Land Size
1696m2
Local Government
East Gippsland
Lot/Plan
1/PS521934

Property History for 12 Tea Tree Lane, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$140,000
24 Nov 2004
  • 24 Nov 2004
    Sold for $140,000

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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 338 properties. Over the last 5 years, Houses in Lake Bunga have seen a 71.86% increase in median value, while Units have seen a 81.94% increase. As at 31 October 2024:

  • The median value for Houses in Lake Bunga is $655,934 while the median value for Units is $394,672.
  • Houses have a median rent of $285.
There are currently 21 properties listed for sale, and 1 property listed for rent in Lake bunga on OnTheHouse. According to CoreLogic's data, 14 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.