FOR SALE
EOI Closing By 30/09/2024 At 5PM

1172&1174 Plenty Road
Bundoora VIC 3083

Bedrooms: 6
Bathrooms: 2
Car spaces: 6
Land area: 1196m2
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Double Or Nothing!

Bringing you this unique opportunity to redevelop within increasingly in-demand Blue-chip Bundoora. Just located within proximity to La Trobe University, Plenty Road with tram and bus stops practically on the doorstep, this well-proportioned rectangular block offers a prime location to nest or redevelopment.
1172 offers an original 3-bedroom home with plans and permits for 3 townhouses approved for 3bed2bath2carpark each. Rental appraisal is between $550-$620/week
1174 Offers original 3 bedroom home with living, kitchen and serviced shed at the back with toilet and kitchen for personal use. Rental appraisal is between $550-$620/week
Everything is close, including shopping centres, dining and cafes, relaxing walking trails through Gresswell Forest and major schooling options like La Trobe University, Bundoora Primary School, Bundoora Secondary College, Unihill DFO & many more.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 1172&1174 Plenty Rd, Bundoora

1172&1174 Plenty Rd, Bundoora is a 6 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1196m2. The place is currently for sale with Redrok.

Building Type
House
Land Size
1196m2

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About Bundoora 3083

The size of Bundoora is approximately 17.3 square kilometres. It has 85 parks covering nearly 31.6% of total area. The population of Bundoora in 2011 was 25,709 people. By 2016 the population was 28,648 showing a population growth of 11.4% in the area during that time. The predominant age group in Bundoora is 20-29 years. Households in Bundoora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bundoora work in a professional occupation. In 2011, 75.6% of the homes in Bundoora were owner-occupied compared with 68.9% in 2016.

Bundoora has 13,909 properties. Over the last 5 years, Houses in Bundoora have seen a 28.68% increase in median value, while Units have seen a 21.81% increase. As at 31 August 2024:

  • The median value for Houses in Bundoora is $911,436 while the median value for Units is $505,590.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 32 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Bundoora.

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Robbie Singh
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Chintan B
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Redrok
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