OFF MARKET

60 Old Bunga Road
Lake Bunga VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 228m2
Land area: 5975m2
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Property Details for 60 Old Bunga Rd, Lake Bunga

60 Old Bunga Rd, Lake Bunga is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 5975m2 and floor size of 228m2.

Building Type
House
Year Built
1995
Floor Size
228m2
Land Size
5975m2
Local Government
East Gippsland
Lot/Plan
2\PS921651

Last Listing description (March 2024)

If you're seeking a peaceful tree-change with room to roam within scenic country surrounds, this property will appeal to many, with opportunities proving an enviable and peaceful rural lifestyle. This character home has all the charm of yesteryear, but with the modern touches, you want.

Not surprisingly, the home is expertly aligned to capture the morning sun and the natural light it throws inside. Step outside to discover a good-size terrace area that has an undercover portion, framed with windows providing a fabulous setting for entertaining, relaxing and admiring the rolling hills and paddocks - what a spot to start the day with a morning coffee or wind down at day's end with a glass of wine.

The property itself is 6644m2 (approx.) of rolling lawns and forested land, with a dam and swimming pool. And if you have a dog or two? Don't worry, the fencing around this place is so good you can let them run free without worrying about them escaping. There's room for all of your stuff in the powered shed which could double as the perfect man cave with toilet facilities and a secure area to keep your prized motor bike!

Property Features;
* Open plan kitchen/living/dining
* Newly updated stainless steel kitchen appliances
* Sunken lounge
* Wood heater with ducted underfloor heating to downstairs bedrooms
* Cathedral ceilings
* Master with ensuite and parent retreat on mezzanine level
* Large main bathroom with freestanding bath, separate toilet
* Capacity for all types of pets, perhaps horses or alpacas
* Dog proof fencing around the house perimeter
* Solar panels with 6.9KW capacity
* Outdoor shedding and room for the toys. (Size; L 12m x W 7.6m x 2.43 H)

Additional highlights include a large carport, room for your caravan/boat and a separate garage/workshop that comfortably accommodates an additional vehicle.

As a permanent home, weekender, or investment, this desirable combination of character, space and location will be hard to resist.

Call Daniel on 0417 824 769 for a private viewing.
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Due Diligence Checklist
What you need to know before buying a residential property. Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 60 Old Bunga Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
  • 17 Jan 2022
    Listed for Sale $1,185,000

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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.