We are pleased to present to you a rare acreage property on the Melbourne side of Ballarat, offering quality land of 20 acres this is an opportunity you dont want to miss.
This picturesque FZ (Farm Zoned) property boasts a beautiful dam to the front of the property which is supplied to by a natural spring, great drainage throughout the land, quality fencing and some of the best Red Volcanic soil, which is renowned for its quality produce throughout the district. In addition to this there is also a small shed located on the property as well as a power transformer on a power pole.
The vendors would be willing to sell on the basis that the purchasers apply for their own Planning Permit.
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 157 properties. Over the last 5 years, Houses in Bungaree have seen a 19.48% increase in median value, while Units have seen a 21.78% increase. As at 31 January 2026:
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