OFF MARKET

5/40 Ormond Boulevard
Bundoora VIC 3083

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 8399m2
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Property Details for 5/40 Ormond Bvd, Bundoora

5/40 Ormond Bvd, Bundoora is a 2 bedroom, 1 bathroom House and was built in 2010. The property has a land size of 8399m2. While the property is not currently for sale or for rent, it was last sold in May 2014.

Building Type
House
Year Built
2010
Land Size
8399m2
Local Government
Whittlesea
Lot/Plan
105/PS616333

Last Listing description (August 2024)

Discover the perfect blend of convenience and comfort in this well-appointed apartment, ideally located in the sought-after University Hill Estate. This property offers easy access to a host of amenities and is just a short stroll from the University Hill shopping precinct, parklands, RMIT University, Plenty Road tram stop, and the Ring Road.

Features Include:
- Two bedrooms with built in robes

- Open plan kitchen, meals and living area
- Kitchen equipped with 600mm gas cooktop and under bench electric oven
- Central bathroom
- European laundry
- Split system heating and cooling
- Electric wall heater
- Intercom entry
- Designated car space
Balcony area

Please note that this complex does not have a lift.

Property History for 5/40 Ormond Bvd, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$355,000
10 May 2014
Listed for Rent
$450/w
12 Jul 2024
  • 24 Jul 2024
    Listed for Rent $460 / week
  • 22 Dec 2020
    Listed for Rent $325 / week
  • 29 Dec 2017
    Listed for Rent $330 / week
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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 13,904 properties. Over the last 5 years, Houses in Bundoora have seen a 33.16% increase in median value, while Units have seen a 23.40% increase. As at 31 July 2024:

  • The median value for Houses in Bundoora is $912,515 while the median value for Units is $505,592.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 26 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 505 properties were sold in the past 12 months in Bundoora.

Suburb Insights for Bundoora 3083

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.