OFF MARKET

48 Bankers Rise
Mountain Bay VIC 3723

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 210m2
Land area: 11134m2
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Last updated 16 Sep 2024
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Property Details for 48 Bankers Rise, Mountain Bay

48 Bankers Rise, Mountain Bay is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2003. The property has a land size of 11134m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
2003
Floor Size
210m2
Land Size
11134m2
Local Government
Mansfield
Lot/Plan
51/PS426964

Last Listing description (November 2017)

Enjoying a privileged position at the end of a prestigious court on 2.5 acres, this sensational architect designed residence has an unrivalled panoramic vista across glittering Lake Eildon to surrounding mountain ranges.
Property features include:
Large under roof outdoor alfresco entertaining deck

Separate games/rumpus room
Huge open living/dining area with walls of windows providing exceptional 180 degree lake and mountain vista
Sep study/office
Main bedroom with full ensuite, walk-in-robe and glass doors to private breakfast deck
Ducted vacuum, ducted air-conditioning and central Philippe Chiminea wood fireplace
Large garage 6.5m X 7m under main roofline with direct internal access into games room
All bedrooms have fabulous lake views and glass sliding doors to surrounding deck
4 mins to private Mountain Bay concrete boat ramp for all water sports and lakeside picnics
Steel boat shed/workshop 9m X 5m.
This is a very rare opportunity to acquire this spectacular property.

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Property History for 48 Bankers Rise, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$750,000
19 Jul 2017
  • 19 Jul 2017
    Sold for $750,000
  • 21 Jun 2017
    Listed for Sale SOLD
  • 08 Jan 2001
    Sold for $87,500

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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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