315
Bungaree-Wallace
Road
bungaree
VIC,
3352
$310,000
Entry Price Point, Bungaree Residence
Discover the potential of this charming miner's cottage, a true renovator's delight, nestled in the heart of Bungaree. Dating back to the early 1900s, this property is steeped in history and character. The traditional floorplan features a distinctive gun barrel hallway leading to three well-sized bedrooms and a formal lounge, all enhanced by polished timber floors that radiate warmth.
Set on a generous 907m2 allotment-just shy of a quarter-acre-the property offers a 13-meter frontage and stretches 69 meters in depth. The driveway on the right side of the home allows easy access to the rear of the block, where older-style sundry shedding provides ample storage or potential workshop space.
Zoned as a township and free from heritage overlays, this property is a blank canvas for your creative vision. Whether you aim to restore its original charm or introduce contemporary elements, the possibilities are endless. With annual rates of approximately $1,400, this is an affordable entry into a piece of Bungaree's history.
Essential services, including mains power, town water, and a septic tank, are already in place, with NBN internet available for connection, ensuring modern conveniences are within easy reach. Centrally located, the property is just a short walk from the Bungaree General Store, Primary School, and sports oval. The vibrant city of Ballarat is a mere 15-minute drive, and Melbourne is only an hour further.
Don't miss this unique opportunity to own a piece of Bungaree's history and craft your dream home in a community that offers both charm and convenience.
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About bungaree
median house price
658000median house rent
400suburb rental yield
3.2%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.