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39 Vincent Crescent, Lake Bunga$225,000

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39 Vincent Crescent

Lake Bunga, VIC 3909, Australia

$225,000

1141 m²

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Listing description

About this property

Positioned within a beautiful, newly established estate, 39 Vincent Crescent, Lake Bunga presents an exceptional opportunity to secure a generous 1,141m² (approx.) vacant allotment. Offering plenty of space to design and build your ideal home, the block also holds potential for water views if built to take full advantage of its elevation. Surrounded by quality new homes, this is the perfect setting to create something special in a growing coastal community. Enjoy the balance of peaceful surroundings while still being just a 510 minute drive to the Lakes Entrance town centre, with the added benefit of being within walking distance to the beach and golf course, giving you easy access to lifestyle and everyday amenities. A fantastic opportunity to secure land in a sought-after location and bring your coastal lifestyle to life. For more information, please contact our office on 03 5155 1201!

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 1141 m²
Listed: 2 months ago

Repayment calculator

$1,091/month

$545 /fortnight

Loan $180,000 at 6.10% over 30 years

Upfront costs

Deposit$45,000

Stamp duty$8,570

Conveyancing (est.)$2,000

Total upfront$55,570

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lake Bunga

This land in Lake Bunga, VIC 3909 sits within reach of public transport, local amenities. It is listed 60% below the $559,000 median of 76 comparable landswithin 5 km.

What's nearby

Lake Bunga Beach Rd/Princes Hwy (bus) — 640 m away

Lake Bunga at a glance

Full suburb profile

Population: 408
Median age: 53
Household income: $1,101/wk
Median rent: $280/wk
Median mortgage: $1,483/mo

Source: ABS Census.

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Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Lake Bunga Primary School

Public transport

10 stops within 1.5km

Nearest: Lake Bunga Beach Rd/Princes Hwy (0.6km)

Traffic

Low congestion

Minimal peak-hour impact. Light residential traffic during standard commute times with no significant congestion patterns typical of regional areas.

Noise

Low noise

Nearest: road (0.7km)

Risk & safety

Flood risk

Low

Lake Bunga is a coastal locality in South Gippsland with relatively low flood risk for most inland properties, though waterfront and low-lying areas adjoining the lake may be subject to LSIO or similar inundation mapping. The primary flood risk is localized stormwater and lake-level fluctuations rather than major river flooding. Standard VIC planning overlays and building standards provide adequate protection for most residential development.

Bushfire risk

High

BAL: BAL-29

Crime profile

below average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone

East Gippsland Shire Planning Scheme

Nearby development

4 projects nearby

Lake Bunga is a small, established residential and semi-rural locality in the Gippsland region with low to moderate development pressure. Activity centres on foreshore management, incremental residential infill within existing zones, and infrastructure upgrades to support rural-residential amenity. Council DA pipelines reflect conservative growth patterns typical of regional Victoria outside major urban centres.

Heritage

Not heritage listed

Lake Bunga is a modern outer-suburban residential area in Gippsland with limited formal heritage designation. The area's primary heritage interest relates to natural and recreational features such as the foreshore reserves and local waterway landscapes rather than built heritage structures. Most properties in the suburb are post-1980s residential development with minimal state or local heritage overlay protections.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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