OFF MARKET

717 Bungaree-Wallace Road
Wallace VIC 3352

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 455m2
Land area: 12683m2
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Property Details for 717 Bungaree-Wallace Rd, Wallace

717 Bungaree-Wallace Rd, Wallace is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1996. The property has a land size of 12683m2 and floor size of 455m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1996
Floor Size
455m2
Land Size
12683m2
Local Government
Moorabool
Lot/Plan
2/LP214484

Last Listing description (November 2022)

This property represents a unique opportunity to secure a magnificent home on approx. 3 acres and embrace a charming rural lifestyle. The stunning residence blends elegance and grandeur with contemporary style and family comfort. Positioned just a short drive to Ballarat's schools, hospitals, and the fast train to Melbourne.

Arriving at the property you are greeted by the circular driveway, manicured gardens and the breathtaking faade. The impressive design features dormer windows decorating the front and rear of the home and a large porch entry.

There is also an enormous 160m2 approx. basement, which offers scope to add additional bedrooms, bathrooms, man cave, games room, recording studio, wine cellar or even a B & B. The opportunities are endless with ample lighting, hydronic heating and pre-thought out pipework to add additional wet areas.

Entry to the house is by the impressive hallway. To the left is a substantial formal dining room ideal for hosting large gatherings. On the right is the formal lounge room boasting a feature brick fireplace. Further down the hallway is an additional living area with sliding doors through to the rear deck, with a powder room nearby.

On the same level, the blackwood kitchen comprises a moveable island bench, a large black ILVE freestanding oven, stainless steel dishwasher, large pantry. The open plan dining area includes an open fireplace and further access to the balcony to take the party outside.

Versatile accommodation upstairs comprising 2 generous bedrooms, a full main bathroom, the master suite with built-in wardrobes and large ensuite with spa bath and bidet.

The master bedroom has roof access to the attic that can also offer additional living or sleeping space. In addition, there is a large 4th bedroom located above the garage which could also function as a perfect home office. The double garage to the side of the property includes added clearance for storage of larger vehicles, caravans and boats.

Some of the many quality features include:
High ceilings, hydronic heating, Oregon timber structure throughout the home for termite resistance. The basement exterior is constructed with concrete-filled blocks for extra stability, original outdoor stables, a dam and fully fenced boundaries.

This remarkable home is perfect for families looking for a tree change, positioned just off the Western freeway with Melbourne and Geelong just over an hour away and Ballarat a short drive away.

Property History for 717 Bungaree-Wallace Rd, Wallace, VIC 3352

A timeline of how this property has performed in the market
Last Sold
$1,250,000
01 Feb 2021
  • 01 Feb 2021
    Sold for $1,250,000
  • 09 Sep 2020
    Listed for Sale $1,200,000 - $1,300,000
  • 30 Jan 1996
    Sold for $44,000

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About Wallace 3352

The size of Wallace is approximately 11.2 square kilometres. The population of Wallace in 2011 was 359 people. By 2016 the population was 205 showing a population decline of 42.9% in the area during that time. The predominant age group in Wallace is 50-59 years. Households in Wallace are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wallace work in a clerical occupation. In 2011, 89.7% of the homes in Wallace were owner-occupied compared with 80.3% in 2016..

Wallace has 107 properties. Over the last 5 years, Houses in Wallace have seen a 67.27% increase in median value. As at 30 November 2024:

  • The median value for Houses in Wallace is $734,123.
There are currently no properties listed for sale, and no properties listed for rent in Wallace on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Wallace.

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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.