Close to the Surf Beach at Lake Bunga, this is your chance to create your dream coastal home. Block size is approximately 1029sqm, gently sloping & cleared, located on a made road and a short drive from the township of Lakes Entrance. Lake Bunga Beach is a beautiful surf beach which forms part of the iconic 90 Mile Beach. With a safe inlet for splashing in the shallows, Lake Bunga is a well kept secret becoming an increasingly popular tourist spot.
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:
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