Bungaree, a charming rural locality in Victoria, offers a peaceful lifestyle set against scenic landscapes and a tight-knit community. Ideally located just a short drive from Ballarat, Bungaree preserves its historical heritage while providing modern amenities. Boasting a mix of farming and residential areas, this article delves into the best residential areas in Bungaree, emphasising their unique attributes, housing options, and average prices.
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Bungaree Township

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Bungaree Township serves as the heart of the locality, where the community often gathers for events and activities. This area offers a blend of heritage buildings and modern conveniences, making it perfect for families and those seeking a friendly atmosphere.
Characteristics of the Bungaree Township
* Culture: Strong sense of community with local events and markets
* Transportation: Well-connected by regional roads, but public transport is limited
* Services: Grocery store, local café, parks, and community hall
* Environment: Welcoming, friendly, and community-oriented
Housing Options in the Bungaree Township
Single-family homes, Townhouses, Heritage properties
Average Home Prices in the Bungaree Township
* Buying: $450,000 – $600,000
* Renting: $1,200 – $1,600/month
Bungaree Rural Area

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The Rural Area surrounding Bungaree is perfect for those looking for a serene lifestyle surrounded by farmland and nature. It offers spacious properties with ample land, ideal for hobby farming or simply enjoying a quieter pace of life.
Characteristics of the Bungaree Rural Area
* Culture: Farming lifestyle with opportunities for self-sufficiency
* Transportation: Car required for commuting, local roads maintained
* Services: Limited, but access to essential services in nearby towns
* Environment: Tranquil, natural, and expansive
Housing Options in the Bungaree Rural Area
Acreages, Farmhouses, Large family homes
Average Home Prices in the Bungaree Rural Area
* Buying: $600,000 – $1,000,000
* Renting: $1,000 – $1,400/month
Creswick Road Area

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The Creswick Road area is close to Bungaree's shopping and recreational facilities and offers a suburban feel. With well-established homes and great access to the main roads, it’s suitable for families and commuters alike.
Characteristics of the Creswick Road Area
* Culture: Family-friendly with easy access to community facilities
* Transportation: Accessible by car, close to public transport options
* Services: Schools, parks, and local retail options nearby
* Environment: Lively yet peaceful with community spirit
Housing Options in the Creswick Road Area
Modern homes, Duplexes, Townhouses
Average Home Prices in the Creswick Road Area
* Buying: $500,000 – $700,000
* Renting: $1,300 – $1,800/month
The Grange Estate

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The Grange Estate is a newer development that features modern homes with contemporary designs. This estate is popular among young families and first-home buyers looking for affordable options with easy access to services.
Characteristics of the The Grange Estate
* Culture: Modern, vibrant community with playgrounds and walking trails
* Transportation: Good connectivity to nearby towns and Ballarat
* Services: Local plaza with shops, schools, and recreational facilities
* Environment: Friendly, dynamic, and family-oriented
Housing Options in the The Grange Estate
Newly built homes, Townhouses
Average Home Prices in the The Grange Estate
* Buying: $400,000 – $550,000
* Renting: $1,200 – $1,600/month
Bungaree West

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Just on the outskirts of Bungaree, Bungaree West boasts larger lot sizes and rural views. Ideal for those who want to escape the hustle and bustle but still remain connected to the community.
Characteristics of the Bungaree West
* Culture: Quiet rural living with community ties
* Transportation: Car essential, convenient road access
* Services: Local services a short drive away, close to Bungaree facilities
* Environment: Relaxed, rural, and picturesque
Housing Options in the Bungaree West
Country homes, Lifestyle properties
Average Home Prices in the Bungaree West
* Buying: $500,000 – $750,000
* Renting: $1,000 – $1,400/month
Mason's Lane

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Mason's Lane is a quiet street featuring larger family homes on expansive blocks, offering privacy and space. It's a favourite among families looking for a safe and serene environment.
Characteristics of the Mason's Lane
* Culture: Community-oriented with a focus on family and safety
* Transportation: Easily accessible by car, near bike paths
* Services: Close to local schools, parks, and shops
* Environment: Safe, calm, and family-friendly
Housing Options in the Mason's Lane
Large family homes, Custom builds
Average Home Prices in the Mason's Lane
* Buying: $550,000 – $800,000
* Renting: $1,300 – $1,700/month
Frequently Asked Questions About the Best Residential Areas in Bungaree:
The best residential areas in Bungaree include Bungaree Township, Bungaree Rural Area, Creswick Road Area, The Grange Estate, Bungaree West, and Mason's Lane.
Creswick Road Area and The Grange Estate are highly suitable for families due to their proximity to schools, parks, and community amenities.
The Grange Estate offers reasonably priced new housing options, while Bungaree Township has various homes within a range of budgets.
Average house prices in Bungaree range from $400,000 to $1,000,000, depending on the specific area and property type.
Public transport is limited in Bungaree, but there are good road connections for commuters to nearby towns.
Bungaree Township has the highest concentration of community facilities, including parks, a community hall, and local shops.
Bungaree offers a relaxed rural lifestyle, with a strong community feel, access to nature, and a pace of life that appeals to families and retirees alike.
Yes, Bungaree is a great location for first-home buyers, particularly in areas like The Grange Estate, which offers affordable options and a great community.
Bungaree offers essentials such as a grocery store, café, schools, parks, and community services, particularly in the Township area.
To buy property in Bungaree, it's advisable to engage a local real estate agent who can guide you through the process, including appraisals, inspections, and settlement.
Conclusion on the Best Residential Areas in Bungaree:
Bungaree presents a variety of residential options suited for families, professionals, and retirees alike. From the vibrant Bungaree Township with its community spirit to the tranquil Bungaree Rural Area for those seeking space and peace, there is something for everyone. Whether you prefer a modern home in The Grange Estate or a charming heritage property in the township, Bungaree offers a fulfilling lifestyle enriched by natural beauty and a close-knit community. As a growing suburb with good amenities, it truly represents a wonderful place to call home.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.