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.
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
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 109.65% increase in median value, while Units have seen a 58.47% increase. As at 31 October 2024:
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