705 Labuan Road, Marungi, VIC 3634 | Property Value & History | OnTheHouse
 
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705 Labuan Road
Marungi VIC 3634

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 117m2
Land area: 23299m2
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Property Details for 705 Labuan Rd, Marungi

Building Type
Commercial
Year Built
1960
Floor Size
117m2
Land Size
23299m2
Local Government
Greater Shepparton
Lot/Plan
2/LP80022

Last Listing description (March 2025)

Located minutes from Katandra West township and only 20 minutes to Shepparton, is this lovely 7.5-acre lifestyle property. Brand new plain wire fencing throughout into approximately 6 smaller paddocks ideal for the horse or a calf or two.
Magnificent shedding with machinery shed, hay shed plus large shed with concrete walls just waiting for stables or parking the truck, caravan or boat, the property also has a great set of steel cattle yards with truck + trailer loading.
The brick home has three good-sized bedrooms, a main bathroom, and laundry, a renovated kitchen/dining area with a dishwasher, and a brand-new electric stove. A separate lounge area with a split system, and gas heating. Carport/pergola and bungalow, great for the older kids. Sealed road frontage plus 1meg of stock and domestic water.

This property has many features with many options and will impress most lifestyle buyers looking for out of town living but still close enough to enjoy the benefits of both.

705 Labuan Road, Katandra West
$580,000 - $620,000
Paul Durden - 0409 563 671

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Property History for 705 Labuan Rd, Marungi, VIC 3634

A timeline of how this property has performed in the market
Last Sold
$600,000
04 May 2017
  • 19 Sep 2024
    Listed for Sale $580,000 - $620,000
  • 14 Nov 2022
    Listed for Sale $600,000 - $660,000
  • 04 May 2017
    Sold for $600,000
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About Marungi 3634

The size of Marungi is approximately 28.2 square kilometres. The population of Marungi in 2016 was 111 people. By 2021 the population was 98 showing a population decline of 11.7% in the area during that time. The predominant age group in Marungi is 50-59 years. Households in Marungi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Marungi work in a managers occupation.In 2021, 105.70% of the homes in Marungi were owner-occupied compared with 77.30% in 2016.

Marungi has 81 properties. Over the last 5 years, Houses in Marungi have seen a 44.74% increase in median value, while Units have seen a 907.97% increase. As at 30 November 2025:

  • The median value for Houses in Marungi is $562,682 while the median value for Units is $708,639.
There are currently 1 property listed for sale, and no properties listed for rent in Marungi on OnTheHouse. According to Cotality's data, 2 properties were sold in the past 12 months in Marungi.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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