11 Wallara Cres, Bundoora is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1965. The property has a land size of 592m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
With approval by council for 2 townhouses to be built on this site of approximately 589sqm the opportunity available here is sure to appeal to builders, developers or home buyers looking to start their own portfolio. Ideally positioned close to Bundoora Primary School, Bundoora Secondary College, Loyola and Parade Colleges as well as RMIT and Latrobe University. Easy walk to local shops and the 566 & 902 bus service on Grimshaw Street which covers RMIT, Latrobe University, Northland Shopping Centre and Bundoora Square shopping precinct and conveniently connects with the no. 86 tram in Plenty Road just near the Aldi store. Also in close proximity to NJ Telfer Reserve and the Bundoora Tennis and Football junior club.
The site is currently occupied by a 4 bedroom, 2 bathroom home comprising living room with air conditioning unit, kitchen with gas cooktop, Chef Oven, breakfast bar and adjoining meals area and separate laundry. Master bedroom has mirrored robes and ensuite bathroom. Ducted heating, decking at the rear, security doors and double carport.
*Detailed plans available on request*
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 13,912 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:
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