Discover the perfect opportunity to create your coastal haven with this generous 1,054sqm block of land in the highly sought-after location of Lake Bunga. Nestled close to the beach, this prime piece of real estate promises an enviable lifestyle, just a short drive from the vibrant town centre of Lakes Entrance.
Imagine designing and building your dream home where you can enjoy the tranquillity of beachside living. This spacious block offers endless possibilities for a stylish and comfortable residence, complete with ample outdoor space for entertaining and relaxation.
Whether you're looking for a permanent residence or a holiday retreat, this location has it all. Enjoy morning walks on the beach, afternoon swims, and easy access to all the amenities and attractions that Lakes Entrance has to offer.
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:
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