OFF MARKET

9 Old Bunga Road
Lake Bunga VIC 3909

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 20014m2
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Property Details for 9 Old Bunga Rd, Lake Bunga

Building Type
Rural
Land Size
20014m2
Local Government
East Gippsland
Lot/Plan
1/PS543638

Last Listing description (January 2013)

Princes Highway frontage
Bordering Lakes Entrance and Lake Bunga Beach, this site runs parallel to the Princes Highway and will appeal to all who are looking for a prominent position. Approx 4.95 acres of cleared land with town water, power, phone and septic. Farming Zone schedule 1. Currently has a Landscaping Business operating within this fully fenced parcel of land. An ATCO unit with 3 rooms and seperate powder room will be included in the sale.

Property History for 9 Old Bunga Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Last Transferred
25 Nov 2015
  • 25 Nov 2015
    Transferred
  • 01 Nov 2012
    Sold for $300,000
  • 29 Jun 2012
    Listed for Sale $319,000
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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.