320 Banumum Rd, Mansfield is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 61897m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
This is a rare opportunity to acquire a property at the very end of Banumum Road, complete with a private slipway at Mawsons Point.
The beautifully maintained home is set high on the hill, well away from prying eyes and in the perfect position to capture the magnificent views up and down the Delatite Arm of Lake Eildon. The huge master suite features his and hers dressing room and an ensuite bathroom. A second bedroom is serviced by the main bathroom and the big study/library could be utilised as a third bedroom. The living areas include a huge formal lounge room, a big sunroom and an open plan dining and family room adjoining the big country style kitchen. The home is in great condition with exciting potential for future renovation to capitalise on the amazing location.
Water is abundant with huge rainwater storage capacity, an excellent bore and pumping rights from the lake. Power bills are minimal with an extensive solar system.
The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.
Mansfield has 4,484 properties. Over the last 5 years, Houses in Mansfield have seen a 50.93% increase in median value, while Units have seen a 45.40% increase. As at 31 December 2025:
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