121 Mcfarlanes LaneBungal VIC 3334
Property Details for 121 Mcfarlanes Lane, Bungal
Last Listing description (July 2022)
Here is an opportunity to become a custodian of Victorian history with this incredible lifestyle opportunity. Breath-taking views, amazing water catchment, improved pastures and impressive infrastructure all set on approx. 160 acres with a further road licence of approx. 6 acres.
Peace & privacy is assured with no through road access to the property & no neighbours nearby. Whether you are interested in equine activities, grazing stock or just a place to simply call home & enjoy - this property lends itself to multiple possibilities & offer the ultimate lifestyle away from the rat race
It is incredibly important to have access to good water and this property has it covered with a massive lake with a 49.7 Megalitres irrigation licence which will remain with the property with additional dams scattered across the farm, some stocked with fish. This lake has guaranteed the farm its water supply over the years. Having such a reliable source of continuous water for both stock & personal use is of huge importance
Relax in the comfort of wood heating, a gas log heater, quality carpets, polished timber flooring & plenty of natural light teaming in through the large windows
Externally the shedding & infrastructure is outstanding with a 12 x 8m workshop with power, gantry & concrete floor, a modern 3 stand raised board shearing shed with ramp & yards, a garden/woodshed & a double carport
One of the best features of the property would have to be the significant historical value of the restored Bluestone outbuilding with polished concrete flooring, power & provision for slab heating. This gorgeous building which housed the first cream/milk separator in Victoria has huge potential as self-contained accommodation, an entertainment venue or wedding photo location
Cattle & horses are catered for with cattle yards, crush & a ramp, a round yard, a horse holding yard & the paddocks are serviced by a laneway system. The sheltered paddocks, water & grazing capacity would make for the perfect horse stud. Plus the veggie garden, chock yard & 2 orchards
15 mins to the Ballan Train Station, 1 Hour from Melbourne, 70kms to Geelong & 30 minutes to Ballarat
Property History for 121 Mcfarlanes Lane, Bungal, VIC 3334
- 15 Jul 2022Sold for $2,420,000
- 17 Oct 2019Listed for Sale $1,850,000
- 12 Oct 2018Listed for Sale $1,850,000
Recent sales nearby
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About Bungal 3334
The size of Bungal is approximately 51.5 square kilometres. It has 1 park covering nearly 17.9% of total area. The population of Bungal in 2016 was 43 people. By 2021 the population was 32 showing a population decline of 25.6% in the area during that time. The predominant age group in Bungal is 60-69 years. Households in Bungal are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bungal work in a managers occupation.In 2021, 60.00% of the homes in Bungal were owner-occupied compared with 87.60% in 2016.
Bungal has 39 properties. As at 30 April 2026:
- The median value for Houses in Bungal is $921,446 while the median value for Units is $557,655.
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