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Back 60 Bungower Road
Off Market

60 Bungower Road

Somerville VIC 3912

4
1
2
8 ac.
Acreage Semi-Rural
Last sold for $1,410,000
Penny PerryPenny Perry, last sold this property on 24 September 2021 after 63 days on market.

Overview

Unlock The Potential!

*Buyers must register to attend the the ONLINE auction* A strategic corner site with high visibility and thousands of passing vehicles each day, unlock the potential of this exciting 8 acre (approx) ‘blank canvas’. With Special Use zoning related to the Port of Hastings and a range of permitted agricultural uses, explore the possible activities that would benefit from such a high exposure position. Including a four-bedroom residence ripe for renovation, rich sandy loam soil and two dams, there is potential for horticulture, primary produce sales, an education centre, boat and caravan storage (STCA) or simply as a hobby farm with ample space for horses or other animals. The existing home includes four bedrooms, an L-shaped lounge and dining area, kitchen with electric stove, large master bedroom with retreat lounge area and two wood heaters, or why not start again and build a brand new residence and create a fantastic rural lifestyle. Just minutes from shops and school and 50 minutes from the city, there is also a double garage, 20,000 litre water tank and a motorcross track for bike enthusiasts. Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au Features: • High-exposure position • 8 fertile acres • Sandy loam soil • 2 dams • 4BR residence • Potential to renovate • L-shaped lounge/dining • Kitchen/meals • Electric stove • Large master bedroom • Family bathroom • Double garage

Features

4 bedrooms
1 bathroom
2 carspaces
2 garage spaces
8 ac. lot size
Acreage Semi-Rural

Estimated Value

Based on this property and similar 4 bedroom acreage semi-rurals sold in Somerville over the last 12 months, the estimated median property value of 60 Bungower Road is $1.6m.

Median value
$1.6m
Estimated value range
$1.36m - $4.85m
Median days on market
39
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Somerville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 60 Bungower Road

2021
Sold
$1,410,000
24 Sep 2021 by Penny Perry, of Homes & Acreage
2013
Sold
Undisclosed
Private Sale/Treaty on 18 Feb 2013

Happy sellers in Somerville

92%
92% of sellers in Somerville reported that their sale price either exceeded or met their price expectations.

Somerville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Somerville over the last 12 months.

Local market activity for 4 bedroom acreage semi-rurals in Somerville

In the last 12 months, 9 four-bedroom acreage semi-rurals similar to 60 Bungower Road, have been sold.

This represents a 125% decrease in four-bedroom acreage semi-rurals sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Somerville

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Joanne Nathan

Joanne Nathan is an award winning recommended agent for Somerville.  They have 19 local sales and collected 36 local reviews across the last 12 months.

  •   5   (492 reviews)
  •  36 Reviews in Somerville
  •  19 Sales in Somerville
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Joanne Charleston

Joanne Charleston is a recommended agent for Somerville.  They have 11 local sales and collected 13 local reviews across the last 12 months.

  •   4.9   (125 reviews)
  •  13 Reviews in Somerville
  •  11 Sales in Somerville
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Jason Dowler

Sellers who recommend Jason Dowler have praised them for being clear communication, local expert, responsive, reliable, friendly, supportive and honest

  •   4.9   (475 reviews)
  •  7 Reviews in Somerville
  •  8 Sales in Somerville
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Sam Bucca

Sellers who recommend Sam Bucca have praised them for being local expert, clear communication, honest, responsive, friendly, supportive and reliable

  •   4.9   (399 reviews)
  •  6 Reviews in Somerville
  •  14 Sales in Somerville
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