222 Bungaree-Wallace Rd, Bungaree is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1000m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Bungaree in the last 12 months.
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 1,000m (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. 1,000m allotment with highly fertile soil Mains power and town water Septic system NBN available for connection Reverse-cycle split system heating and cooling Electric hot water service Freestanding wood heaterConveniently located, you'll find Bungaree's modern sporting facilities, general store, primary school and Kryal Castle all close by. Ballarat is just a 10-minute drive away, with a daily school bus stop only a short walk from the property. Ballan Railway Station is approximately 15 minutes away, providing easy commuting, while Melbourne can be reached in around 75 minutes.Affordable, comfortable and packed with potential, this is a fantastic opportunity to secure your place in the property market while enjoying the benefits of country living.Ballarat's Best-Selling Team
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 22.46% increase in median value, while Units have seen a -1.01% decrease. As at 31 July 2026:
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