OFF MARKET

15 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 100m2
Land area: 7177m2
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Property Details for 15 Lake Bunga Beach Rd, Lake Bunga

15 Lake Bunga Beach Rd, Lake Bunga is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 7177m2 and floor size of 100m2.

Building Type
House
Year Built
1980
Floor Size
100m2
Land Size
7177m2
Local Government
East Gippsland

Last Listing description (October 2020)

A rare opportunity exists to pick up this fantastic lifestyle property, the entire property has been maintained to exceptional standards, the attractive part for some will be the dual living opportunity.

Options really are endless,
- you may have a dependent who needs to live close by,

- a large family who enjoy visiting or
- you might like to try out air bnb for a little extra income

An added extra is the studio which was once a busy beauty room, with a little tender loving care could also give you the option to work from home.

This home gives you so much to think about...
- Home 'A' being the larger main house is open living and spacious, home 'B' being the smaller open living space with a lovely kitchenette and main bathroom.
- Both homes have plenty of heating and cooling options to keep you comfortable all year round, a 4.5kw solar system and plenty of tank water. Both homes exit out to sheltered veranda's and an outdoor alfresco which will surely tick all the boxes!

The best part of this property is the 1.7 acres surrounding the homes providing you with a wide open space and a feeling of peacefulness.

Last but not at all least this home is situated in a fantastic spot only 5 minutes from the hub of town or exactly 6 minutes from the post office and 2 minutes to Lake Bunga Beach.

Contact Elders Lakes Entrance to arrange your new home inspection today!

Property History for 15 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
  • 30 Mar 2020
    Listed for Sale $595,000

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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.