2/85 Lake Bunga Beach RoadLake Bunga VIC 3909
Property Details for 2/85 Lake Bunga Beach Rd, Lake Bunga
2/85 Lake Bunga Beach Rd, Lake Bunga is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 706m2 and floor size of 100m2.
Last Listing description (August 2024)
With plenty of street appeal, these two attractive and well-designed brick townhouses are perfectly located in the popular Lake Bunga Beach area.
Positioned close to the beach, this solid brick dual complex offers an engaging blend of location and lifestyle within a short drive to the shops, restaurants, cafes, schools and transport.
Each townhouse comprises of two good sized bedrooms with built in robes, one large bathroom and a single car garage. Comprising an open plan kitchen, dining and lounge area these very tidy townhouses make the perfect opportunity to enter the rental market. Both townhouses are low maintenance and have two secure long term tenants in place. With both properties bringing in rent returns over $2,500 per month this could be the perfect investment for you.
With a multipurpose room at the back of the property there is potential to add a third income also (STCA).
An opportunity not to be missed, call today to arrange your private inspection.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 2/85 Lake Bunga Beach Rd, Lake Bunga, VIC 3909
- 26 Jun 2024Listed for Sale $799,000
- 18 Aug 2023Listed for Rent $350 / week
- 17 Jul 2023Listed for Sale 799000
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0About 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.
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