OFF MARKET

1105 Labuan Road
Marungi VIC 3634

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 7628m2
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Property Details for 1105 Labuan Rd, Marungi

Building Type
Land
Land Size
7628m2
Local Government
Greater Shepparton
Lot/Plan
1/PS737567

Last Listing description (October 2015)

Positioned on almost two acres of land (.78ha) this 3BR house is in need of renovation or detonation! Either way you have two options, you can knock down the current property and build your new dream home (STCA) or you can renovate and bring this beauty back to its former glory. The current home does have some termite damage, but offers 3BRs, kitchen, meals, lounge and sunroom. It also offers sundry shedding including chook sheds and a paddock next door to house a pony! This property also includes a brand new septic tank with all the relevant approvals from Moira Shire Council. Whether you decide to renovate or build, this is a fantastic block situated only minutes from Katandra and 20 minutes to Shepparton (approx) but be assured at this price it won t last long!

Property History for 1105 Labuan Rd, Marungi, VIC 3634

A timeline of how this property has performed in the market
Last Sold
$120,000
24 Jul 2015
  • 24 Jul 2015
    Sold for $120,000
  • 03 May 2015
    Listed for Sale $129,000

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About Marungi 3634

The size of Marungi is approximately 28.2 square kilometres. The population of Marungi in 2011 was 534 people. By 2016 the population was 91 showing a population decline of 83.0% in the area during that time. The predominant age group in Marungi is 50-59 years. Households in Marungi are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marungi work in a managers occupation. In 2011, 84.7% of the homes in Marungi were owner-occupied compared with 77.3% in 2016..

Marungi has 81 properties. Over the last 5 years, Houses in Marungi have seen a 26.95% increase in median value, while Units have seen a 320.22% increase. As at 30 September 2024:

  • The median value for Houses in Marungi is $417,340 while the median value for Units is $708,639.
There are currently no properties listed for sale, and no properties listed for rent in Marungi on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Marungi.

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