OFF MARKET

67 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 690m2
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Property Details for 67 Lake Bunga Beach Rd, Lake Bunga

67 Lake Bunga Beach Rd, Lake Bunga is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 690m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1990
Floor Size
95m2
Land Size
690m2
Local Government
East Gippsland
Lot/Plan
17/LP117951

Last Listing description (June 2022)

This long established two unit property comprises two rock solid units. Both units comprise 2 bedrooms a bathroom and a lounge space.

Positioned in the heart of Lake Bunga Beach, this solid brick dual unit complex offers an engaging blend of location and lifestyle within a short drive to the beach, shops, restaurants, cafes, schools and transport.

A superb investment or opportunity to downsize, the property delivers two units with plenty of appeal and privacy.

Both units are currently leased earning a total of $570 per week with the potential to grow in the current market.

Features include for both units a comfortable living/dining area, kitchen with a gas cooktop, central bathroom, laundry and built-in robes in all bedrooms.

This appealing package comes complete with split-system heating/cooling, a shed with unit two and secure backyards.

Ideal for those who value convenient, low-maintenance living, this outstanding opportunity is not to be missed.

Call Elders today and we will arrange you an inspection 5155 3133

https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 67 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$580,000
07 Apr 2022
  • 07 Apr 2022
    Sold for $580,000
  • 11 Mar 2022
    Listed for Sale $649,000
  • 13 Dec 2021
    Listed for Sale $649,000
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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.