2/308 Forest Street, Buninyong, VIC 3357 | House for sale | OnTheHouse
 
FOR SALE
$499,000 - $539,000

2/308 Forest Street
Buninyong VIC 3357

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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A Buninyong Original: The Ultimate Residential-Commercial Hybrid

Rarely does a property of such scale, character, and versatility become available in the heart of Buninyong. 2/308 Forest Street is not just a home; it is a multi-faceted estate offering a unique 1980s conversion of a 1960s office and warehouse complex. Whether you are looking for a premier home-business headquarters, or a creative residential sanctuary, this property offers a footprint and potential that is simply unmatched in the local market.
The Main Residence: Mid-Century Character - The primary 3-bedroom residence (approx. 105sqm) beautifully blends mid-century structural integrity with unique architectural flair.
• Architectural Volume: Striking cathedral ceilings and sawtooth roof windows flood the home with natural light.
• A Secure History: Features a spacious walk-in pantry that served as a secure vault in its previous life.
• Modern Comfort: Recently upgraded with a brand-new heating/cooling system and a new hot water unit.
Large Warehouse Spade: To the rear sits an expansive 220sqm structure-a 50% double-brick, 50% tin facility that is a dream for entrepreneurs or those looking for a business base.
• Versatile Past, Limitless Future: Previously utilized as a counselling center and construction office, this space is perfect for professional suites, a creative studio or a high-end workshop.
• Secure Storage: Includes a remote panel lift door.
Infrastructure & Development Upside
• Dual Access: Rare double-street frontage with primary driveway access from Forest Street (2-3 parks) and secondary access via Eyre Street with parking for up to 6 additional vehicles.
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Property Details for 2/308 Forest St, Buninyong

2/308 Forest St, Buninyong is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with PRD Real Estate Ballarat.

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About Buninyong 3357

The size of Buninyong is approximately 26.0 square kilometres. There are 15 parks, covering nearly 3.6% of the total area. The population of Buninyong in 2016 was 3714 people. By 2021 the population was 3797 showing a population growth of 2.2% in the area during that time. The predominant age group in Buninyong is 10-19 years. Households in Buninyong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buninyong work in a professional occupation.In 2021, 85.00% of the homes in Buninyong were owner-occupied compared with 82.90% in 2016.

Buninyong has 1,864 properties. Over the last 5 years, Houses in Buninyong have seen a 22.61% increase in median value, while Units have seen a 5.86% increase. As at 31 May 2026:

  • The median value for Houses in Buninyong is $816,042 while the median value for Units is $420,896.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 25 properties listed for sale, and no properties listed for rent in Buninyong on OnTheHouse. According to Cotality's data, 79 properties were sold in the past 12 months in Buninyong.

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Michael Darken
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Lana Bee
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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