Lake Bunga Suburb Profile
Victoria 3909

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Lake Bunga has 338 properties. Over the last 5 years, Houses in Lake Bunga have seen a 68.71% increase in median value, while Units have seen a 72.43% increase. As at 31 July 2024:

  • The median value for Houses in Lake Bunga is $721,973 while the median value for Units is $379,570.
  • Houses have a median rent of $285.
There are currently 26 properties listed for sale, and 1 property listed for rent in Lake bunga on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Lake bunga.

The size of Lake Bunga is approximately 2 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Lake Bunga in 2011 was 451 people. By 2016 the population was 310 showing a population decline of 31.3% in the area during that time. The predominant age group in Lake Bunga is 60-69 years. Households in Lake Bunga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Bunga work in a professional occupation. In 2011, 78.3% of the homes in Lake Bunga were owner-occupied compared with 84.6% in 2016.

Suburb Insights for LAKE BUNGA 3909

Market Insights
Lake Bunga Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Lake Bunga Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 310

0-9

 

9%

10-19

 

10%

20-29

 

6%

30-39

 

6%

40-49

 

12%

50-59

 

9%

60-69

 

19%

70-79

 

17%

80-89

 

5%

Household Structure
Occupancy

Last Updated: 08/09/2024

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.