OFF MARKET

17 Wallara Crescent
Bundoora VIC 3083

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 591m2
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Last updated 30 Sep 2024
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Property Details for 17 Wallara Cres, Bundoora

17 Wallara Cres, Bundoora is a 8 bedroom, 2 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 591m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1962
Floor Size
144m2
Land Size
591m2
Local Government
Banyule
Lot/Plan
125/LP51902

Last Listing description (October 2023)

An eight bedroom designed council registered rooming house, just metres from the Plenty Road tram for a quick journey to La Trobe University and RMIT Bundoora Campus, this unique residence boasts a highly profitable outlook. A licensed rooming home with certificate, which is a rare investment opportunity with a high potential return.

Listed with La Trobe University as shared accommodation, there is a spacious kitchen/dining, two tidy bathrooms and a double carport. With leafy NJ Telfer Reserve only seconds away, stroll to Bundoora Square Shopping Centre and live close to DFO Uni Hill and the Western Ring Road.

- Eight bedroom, two bathroom residence

- A licensed rooming home with certificate
- A rare investment opportunity with a high potential return
- Listed with La Trobe Uni as shared accommodation
- Walk to the tram bound for La Trobe Uni and RMIT
- Walk to Bundoora Square and parkland
- Close to DFO Uni Hill and the Western Ring Road
- Near the proposed Bundoora train station part of the Suburban Rail Loop from Box Hill to Melbourne Airport
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Property History for 17 Wallara Cres, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$710,000
15 Jul 2023
  • 15 Jul 2023
    Sold for $710,000
  • 02 Mar 2023
    Listed for Sale SOLD BY MCGRATH BOX HILL
  • 12 Sep 2014
    Sold for $635,888
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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 13,912 properties. Over the last 5 years, Houses in Bundoora have seen a 25.14% increase in median value, while Units have seen a 21.18% increase. As at 30 September 2024:

  • The median value for Houses in Bundoora is $908,947 while the median value for Units is $505,591.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 74 properties listed for sale, and 31 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Bundoora.

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