222 Bungaree-Wallace Road, Bungaree, VIC 3352 | House for sale | OnTheHouse
FOR SALE
$610,000

222 Bungaree-Wallace Road
Bungaree VIC 3352

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1000m2
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Affordable Country Living on a Quarter Acre - Updated Family Home with Great Potential

Offering exceptional value in a sought-after country setting, this well-maintained circa 1970s home presents an outstanding opportunity for first home buyers, investors or those looking to enjoy a relaxed rural lifestyle without stretching the budget.
Set on approximately 1,000m² (around a quarter of an acre in the old scale), the home has been lovingly cared for and is in excellent condition for its age. With fertile soils, established surrounds and practical improvements already completed, it's ready to move in and enjoy.
Inside, the home comprises three generous bedrooms, all with built-in robes, along with an updated family bathroom featuring a bath, shower and vanity, plus a separate toilet for added convenience.
The renovated kitchen, updated within the past 10 years, includes a dual stainless steel sink, electric oven and cooktop. Adjacent is the meals area and a cosy second living space complete with a freestanding wood heater, while the spacious formal lounge at the western end of the home provides an additional area to relax and entertain.
Outdoor living is well catered for with both front and rear verandahs, a paved entertaining area and a double garage positioned at the end of the sealed bitumen driveway.
Additional features include:
• Approx. 1,000m² allotment with highly fertile soil
• Mains power and town water
• Septic system
• NBN available for connection
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Property Details for 222 Bungaree-Wallace Rd, Bungaree

222 Bungaree-Wallace Rd, Bungaree is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1000m2. The place is currently for sale with PRD Real Estate Ballarat.

Building Type
House
Land Size
1000m2
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About Bungaree 3352

The size of Bungaree is approximately 24.9 square kilometres. The population of Bungaree in 2016 was 269 people. By 2021 the population was 302 showing a population growth of 12.3% in the area during that time. The predominant age group in Bungaree is 40-49 years. Households in Bungaree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungaree work in a managers occupation.In 2021, 75.50% of the homes in Bungaree were owner-occupied compared with 82.20% in 2016.

Bungaree has 158 properties. Over the last 5 years, Houses in Bungaree have seen a 32.11% increase in median value, while Units have seen a 1.81% increase. As at 30 June 2026:

  • The median value for Houses in Bungaree is $736,702 while the median value for Units is $753,590.
There are currently 1 property listed for sale, and no properties listed for rent in Bungaree on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Bungaree.

Suburb Insights for Bungaree 3352

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Chris Leonard
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Brittany Holland
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PRD Real Estate Ballarat
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.