2/85 Lake Bunga Beach Road, Lake Bunga, VIC 3909 | Property Value & History | OnTheHouse
OFF MARKET

2/85 Lake Bunga Beach Road
Lake Bunga VIC 3909

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 100m2
Land area: 706m2
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Last updated 22 Dec 2025
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Property Details for 2/85 Lake Bunga Beach Rd, Lake Bunga

2/85 Lake Bunga Beach Rd, Lake Bunga is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 706m2 and floor size of 100m2.

Building Type
House
Year Built
1988
Floor Size
100m2
Land Size
706m2
Local Government
East Gippsland

Last Listing description (April 2025)

With plenty of street appeal, these two attractive and well-designed brick townhouses are perfectly located in the popular Lake Bunga Beach area.

Positioned close to the beach, this solid brick dual complex offers an engaging blend of location and lifestyle within a short drive to the shops, restaurants, cafes, schools and transport.

Each townhouse comprises of two good sized bedrooms with built in robes, one large bathroom and a single car garage. Comprising an open plan kitchen, dining and lounge area these very tidy townhouses make the perfect opportunity to enter the rental market. Both townhouses are low maintenance and have two secure long term tenants in place. With both properties bringing in rent returns of around $3,000 per month this could be the perfect investment for you.

With a multipurpose room at the back of the property there is potential to add a third income also (STCA).

An opportunity not to be missed, call today to arrange your private inspection.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 2/85 Lake Bunga Beach Rd, Lake Bunga, VIC 3909

A timeline of how this property has performed in the market
Listed for Rent
$350/w
18 Aug 2023
  • 18 Aug 2023
    Listed for Rent $350 / week
  • 17 Jul 2023
    Listed for Sale 799000
  • 16 Mar 2016
    Listed for Rent $250 / week
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About Lake Bunga 3909

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 343 properties. Over the last 5 years, Houses in Lake Bunga have seen a 47.83% increase in median value, while Units have seen a 87.15% increase. As at 30 November 2025:

  • The median value for Houses in Lake Bunga is $685,702 while the median value for Units is $383,861.
  • Houses have a median rent of $570.
There are currently 20 properties listed for sale, and no properties listed for rent in Lake bunga on OnTheHouse. According to Cotality's data, 14 properties were sold in the past 12 months in Lake bunga.

Suburb Insights for Lake Bunga 3909

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.