OFF MARKET

1306 Labuan Road
Marungi VIC 3634

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 457395m2
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Last updated 28 Oct 2024
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Property Details for 1306 Labuan Rd, Marungi

1306 Labuan Rd, Marungi is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 457395m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Land Size
457395m2
Local Government
Moira
Lot/Plan
1/TP318868

Last Listing description (November 2022)

This weatherboard home situated south of Numurkah, features 2 bedrooms, separate study, lovely modern kitchen/living room with a box air conditioner, dishwasher, bottled gas hotplates and electric wall oven.
There is a separate lounge with solid fuel heater plus a split system, central bathroom and a spacious laundry.
Outside there is a double garage/shed situated on approximately 1 acre of land.

Please note, unrestricted access will be required via the driveway for farming equipment to regularly enter the adjacent paddocks.

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Property History for 1306 Labuan Rd, Marungi, VIC 3634

A timeline of how this property has performed in the market
Last Sold
$230,000
15 Oct 2016
Listed for Rent
$280/w
11 Nov 2022
  • 11 Nov 2022
    Listed for Rent $280 / week
  • 31 Aug 2022
    Listed for Rent $280 / week
  • 15 Oct 2016
    Sold for $230,000

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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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