OFF MARKET

3/74 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 5615m2
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Last updated 14 Oct 2024
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Property Details for 3/74 Lake Bunga Beach Rd, Lake Bunga

3/74 Lake Bunga Beach Rd, Lake Bunga is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 5615m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1980
Floor Size
176m2
Land Size
5615m2
Local Government
East Gippsland
Lot/Plan
3/PS628934

Last Listing description (October 2022)

This quality home, situated on a beautiful parcel of land with ocean views in Lake Bunga, is one of the more comfortable rental properties available on the rental market.
The solid brick home, with split-system air conditioning for all-year-round comfort, features three bedrooms (master with ensuite and large built-in robe) and two bathrooms, each having been renovated with large 1200mm showers.
A functional kitchen contains a 900mm gas cooktop / electric oven and plenty of bench space, right in the middle of this lovely home.

There are timber floors throughout, carport and adequate parking spaces, tank water for garden use and being situated at the back of a separate driveway, offers plenty of privacy.
NOTE: The property contains a separate self-contained cottage to be used by the property owners at their leisure. Lawns and gardens attached to the unit to be maintained by owner; lawns and gardens attached to rented premises to be maintained by renter/s.

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Property History for 3/74 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$1,020,000
28 Jul 2022
Listed for Rent
$500/w
12 Oct 2022
  • 12 Oct 2022
    Listed for Rent $500 / week
  • 28 Jul 2022
    Sold for $1,020,000
  • 11 Nov 2021
    Listed for Sale UNDER CONTRACT

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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.

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