OFF MARKET

Lindamay Court
Lake Bunga VIC 3909

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Property Details for Lot 16 Lindamay Ct, Lake Bunga

Building Type
Land
Local Government
East Gippsland

Last Listing description (December 2021)

At just over 2.5 acres this parcel of land, zoned residential, is a rare find in the current market. Lot 16 is the last block on offer in prestigious Lindamay Court, which boasts large modern homes most of which are on half to two acre blocks [approx].
All services, except gas, are available for connection to this gently sloping land which is set well back from the street and nestled quietly between two other blocks; five and four acres [approx].
There is subdivision potential [stca] here if 2.5 acres is more than you need!

Come and enjoy the the beautiful temperate climate here in East Gippsland and all that Lakes Entrance has to offer with it's proximity to the Lakes and Ocean.
All enquiries to exclusive listing agent Paul Johnston on 0416 260 529

Property History for Lot 16 Lindamay Ct, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
  • 08 Feb 2021
    Listed for Sale $285,000
  • 01 Jun 2015
    Listed for Sale Not Disclosed

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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.