OFF MARKET

87 Gold Ring Road
Lake Bunga VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 991m2
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Property Details for 87 Gold Ring Rd, Lake Bunga

87 Gold Ring Rd, Lake Bunga is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 991m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
House
Year Built
2018
Land Size
991m2
Local Government
East Gippsland
Lot/Plan
4/PS636911

Last Listing description (March 2023)

If it's a low-maintenance lifestyle in a premier location you're after, this home is hard to beat. Located amidst quality homes, this home is perfectly positioned, just a short stroll to the beach and a few minutes drive to Lakes Entrance, the heart of the Gippsland Lakes.

This property oozes luxury and lifestyle choices! Designed to enjoy the finer things in life with an enormous outdoor entertaining area designed to encompass the surrounding views where you can kick back and relax with friends and family. Complete with pull-down privacy screens for those cooler nights.

Three generous size bedrooms, all with BIR's. The main bedroom with a walk-in robe, ensuite bathroom and adjoining balcony encourages relaxation. An open-plan, family-friendly space where the kitchen sits in the centre of everythingdesigned to suit all occasions, from entertaining guests to relaxing after a day at work. A beautifully appointed kitchen with sleek cabinetry, granite bench-tops and stainless steel appliances. The island bench doubles as a dining and workspace. The living room fireplace provides comfort and warmth in the wintertime. Reverse cycle air conditioner systems in the family room area and master bedroom with fans throughout the home, ensuring the right temperature all year round.

An additional entertainment room is located off the family area, which can be used as a media room, cosy sitting room, or kids play area; the options are endless.

No expense has been spared in the design of this property. Vaulted ceilings, wood burner, quality appliances, Merbau decking, covered outside entertaining area with pull-down blinds all still under the builder's guarantee. You need to visit this property to appreciate the care and attention this property represents.

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 87 Gold Ring Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$95,000
16 May 2017
  • 12 Feb 2021
    Listed for Sale $870,000
  • 16 May 2017
    Sold for $95,000

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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.