OFF MARKET

84 Gold Ring Road
Lake Bunga VIC 3909

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Land area: 7905m2
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Property Details for 84 Gold Ring Rd, Lake Bunga

Building Type
Rural
Land Size
7905m2
Local Government
East Gippsland
Lot/Plan
4/LP142269

Last Listing description (November 2018)

Substantial home located on an elevated 7,870m2 allotment with commanding views of the golf course and ocean.
Comprising a four bedroom/3 bathroom home set privately within a native Australian garden where all you will hear is ocean and bird life. Sensible design sees the Bass Strait brought right into your living room.
The living area extends downstairs where the fourth bedroom and spare bathroom is located together with a large garage/workshop with internal access to the main residence. There is also additional shedding with high clearance door ideal for safe caravan or boat storage.

The possibility also exists for subdivision given the wide frontage to Gold Ring Road without compromising the existing residence.

Property History for 84 Gold Ring Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$580,000
20 Sep 2018
  • 20 Sep 2018
    Sold for $580,000
  • 14 Dec 2017
    Listed for Sale $649,500
  • 28 Feb 2002
    Sold for $275,000
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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 71.86% increase in median value, while Units have seen a 81.94% increase. As at 31 October 2024:

  • The median value for Houses in Lake Bunga is $655,934 while the median value for Units is $394,672.
  • Houses have a median rent of $285.
There are currently 21 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.