28 Bankers Rise, Mountain Bay, VIC 3723 | Property Value & History | OnTheHouse
OFF MARKET

28 Bankers Rise
Mountain Bay VIC 3723

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 6747m2
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Property Details for 28 Bankers Rise, Mountain Bay

Building Type
Rural
Land Size
6747m2
Local Government
Mansfield
Lot/Plan
54/PS426964

Last Listing description (February 2025)

This spacious steel framed home boasts amazing lake views from a prime elevated position in the prestigious Mountain Bay Estate, located between Mansfield and Goughs Bay. The Mountain Bay members only concrete boat ramp is only 1km away, with deep water access and no crowds!
And there's a 6m x 9m shed back at home to store your boat and other important 'stuff', in addition to an extra big double garage. The shed has a concrete floor and 3 phase power and the garage is fully lined and would make an amazing games room.
The house was built in 2011 and it is roomy, comfortable and very low maintenance. Exactly what you need for a holiday home or a more permanent residence that you can easily lock up and leave to go travelling. But once you sit down on the lakeside deck we think you will be mesmerised by the amazing views and forget about going anywhere!

The floorplan is family friendly with 4 bedrooms, 2 bathrooms, a couple of separate living areas plus that huge garage, and there's lots of great features including a 3.2kw solar system, good insulation and efficient heating and cooling. But we just keep coming back to that view...and it really is so much better in person. If you think you're ready to live the good life on offer in Mountain Bay, book an inspection to come and see for yourself!

Property History for 28 Bankers Rise, Mountain Bay, VIC 3723

A timeline of how this property has performed in the market
Last Sold
$1,100,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $1,100,000
  • 03 Sep 2024
    Listed for Sale $1,100,000 - $1,200,000
  • 05 Oct 2023
    Listed for Sale Not Disclosed
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About Mountain Bay 3723

The size of Mountain Bay is approximately 9.6 square kilometres. There is 1 park, covering nearly 2.4% of the total area. The population of Mountain Bay in 2016 was 43 people. By 2021 the population was 54 showing a population growth of 25.6% in the area during that time. The predominant age group in Mountain Bay is 60-69 years. Households in Mountain Bay are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mountain Bay work in a clerical occupation.In 2021, 86.20% of the homes in Mountain Bay were owner-occupied compared with 135.70% in 2016.

Mountain Bay has 78 properties. Over the last 5 years, Houses in Mountain Bay have seen a 15.89% increase in median value, while Units have seen a 23.90% increase. As at 31 July 2026:

  • The median value for Houses in Mountain Bay is $862,192 while the median value for Units is $674,958.
There are currently 1 property listed for sale, and no properties listed for rent in Mountain bay on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Mountain bay.

Suburb Insights for Mountain Bay 3723

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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.