OFF MARKET

31 Bankers Rise
Mountain Bay VIC 3723

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 8225m2
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Last updated 16 Sep 2024
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Property Details for 31 Bankers Rise, Mountain Bay

31 Bankers Rise, Mountain Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 8225m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Land Size
8225m2
Local Government
Mansfield
Lot/Plan
43/PS426964

Last Listing description (November 2016)

Enjoy the best of both worlds in Mountain Bay - a beautiful, established rural setting, only a matter of minutes to the shores of Lake Eildon. Only 12 minutes drive to Mansfield township - sealed road access the whole way, and close to the sparkling Delatite River.
* Enviable Mountain Bay location with a gorgeous rural outlook
* Fresh as a daisy - as new family home with wide surrounding verandahs

* Easy maintenance, fully fenced 2 acre allotment with mature trees
* Spacious, open plan living combining kitchen/dining & living with big wood fire
* Ducted evaporative cooling and quality insulation throughout ensures year-round comfort
* Family living opening up onto the big north-facing undercover entertaining deck
* Comprised of 4 good sized bedrooms, all with double BIR's
* 2 bathrooms, one with luxury double vanity, plus laundry with separate W/C
* Big 14x7 shed with power, plus fully insulated office/utility room
* Approx 23,000 litres of rainwater, plus plenty of room for more tanks
* Adjacent farmland ensures continued peace and privacy for your family

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Property History for 31 Bankers Rise, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$528,000
26 Feb 2017
  • 26 Feb 2017
    Sold for $528,000
  • 27 Jan 2017
    Listed for Sale suit $500,000 plus buyers
  • 13 Aug 2016
    Listed for Sale Not Disclosed
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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.

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