1 acre of beach front land is almost unheard of at this price, you might never see an opportunity like this again. An expansive levelled area on Tea Tree Lane rises to an elevated site offering uninterrupted ocean views across the coastal reserve to Bass Strait, as far as the eye can see. Rest assured, your view is yours forever.
This land is a suitable canvas for many pursuits; housing, Airbnb accommodation, plant nursery.. the list goes on, there's scope and space to do it all. A large, concreted shelter is big enough to store your tiny home, boat or caravan in the meantime, and with power, water and sewerage connected you're ready to get going.
THE LIFESTYLE
*ADJOINING HOUSE BLOCK FOR SALE
The adjoining house block of 1883m2 has a well appointed 4 bedroom home. If purchased with this land it would complete 1.5acres of prime, beach front living.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
The size of Lake Bunga is approximately 2.0 square kilometres. It has 1 park covering nearly 2.3% of total area. The population of Lake Bunga in 2016 was 330 people. By 2021 the population was 408 showing a population growth of 23.6% in the area during that time. The predominant age group in Lake Bunga is 70-79 years. Households in Lake Bunga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Bunga work in a professional occupation.In 2021, 85.30% of the homes in Lake Bunga were owner-occupied compared with 84.60% in 2016.
Lake Bunga has 342 properties. Over the last 5 years, Houses in Lake Bunga have seen a 29.27% increase in median value, while Units have seen a 66.46% increase. As at 31 March 2026:
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