SOLD
Sold on 07 Feb 2024 for $172,000

59 Vincent Crescent
Lake Bunga VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11800m2
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Property Details for 59 Vincent Cres, Lake Bunga

Building Type
Land
Land Size
11800m2
Local Government
East Gippsland
Lot/Plan
73/PS636911

Last Listing description (September 2023)

The chance to own 3 acres of pristine vacant land in a secluded paradise, just a short walk from the ocean beach. This tranquil haven offers privacy and natural beauty, perfect for your dream home or investment. Don't miss out on this rare opportunity to create your coastal retreat in a serene and picturesque setting. Act now and make your coastal dreams a reality.

Property History for 59 Vincent Cres, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$172,000
07 Feb 2024
  • 07 Feb 2024
    Sold for $172,000
  • 18 Sep 2023
    Listed for Sale $180,000

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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 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 23 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.