OFF MARKET

164 Mountain Bay Drive
Mountain Bay VIC 3723

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 216m2
Land area: 9121m2
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Property Details for 164 Mountain Bay Dr, Mountain Bay

Building Type
Rural
Year Built
2010
Floor Size
216m2
Land Size
9121m2
Local Government
Mansfield
Lot/Plan
62/PS527223

Last Listing description (August 2022)

This perfectly positioned Mountain Bay property is only minutes to the lake's edge. Offering excellent holiday letting returns during winter and plenty of potential for the summer months, makes for a great investment property or enjoy as your very own permanent residence. Well maintained 3 bedroom, 2 bathroom home on just over 2 acres with Lake Eildon views.

Additional features include;


- Exclusive membership to the Mountain Bay 'members only' boat ramp and foreshore
- Open plan living space complete pool room, polished concrete floors throughout
- Functional kitchen with loads of storage, long island bench/ breakfast bar
- The home is heated by a large wood heater and reverse cycle split system
- 2 generous-sized bedrooms downstairs with bathroom and laundry
- Upstairs parents retreat with bedroom, bathroom and second living
- Under-roof alfresco overlooking the mountains and Lake Eildon
- Colour-bond shed with carport approx. 12m x 6m to store all of your toys
- Low maintenance gardens with native plantations surrounded by natural bird life

**Disclaimer**
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 164 Mountain Bay Dr, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$871,000
05 Aug 2022
  • 05 Aug 2022
    Sold for $871,000
  • 14 Jul 2022
    Listed for Sale Contact Agent
  • 01 Dec 2020
    Listed for Sale $635,000
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About Mountain Bay 3723

The size of Mountain Bay is approximately 9.6 square kilometres. It has 1 park covering nearly 2.4% of total area. The population of Mountain Bay in 2011 was 382 people. By 2016 the population was 42 showing a population decline of 89.0% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation. In 2011, 84.6% of the homes in Mountain Bay were owner-occupied compared with 135.7% in 2016..

Mountain Bay has 76 properties. Over the last 5 years, Houses in Mountain Bay have seen a 115.78% increase in median value. As at 31 August 2024:

  • The median value for Houses in Mountain Bay is $1,027,747 while the median value for Units is $520,557.
There are currently 1 property listed for sale, and no properties listed for rent in Mountain bay on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mountain bay.

Suburb Insights for Mountain Bay 3723

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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.