OFF MARKET

53 Settlement Road
Bundoora VIC 3083

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 141m2
Land area: 585m2
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Last updated 29 Jul 2024
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Property Details for 53 Settlement Rd, Bundoora

Building Type
Land
Year Built
2025
Floor Size
141m2
Land Size
585m2
Local Government
Whittlesea
Lot/Plan
13/LP25185

Last Listing description (October 2024)

Nestled in a peaceful Bundoora location with Norris Bank Reserve and Bundoora Park just moments away, this position is ideal for your brand-new family home. The easy to work with rectangular shape ensures your dream design is sure to work here Centrally located to take full advantage of a host of local amenities, your family or investment needs are all taken care of. Transport options include bus, train and tram, schools such as Norris Bank & St Damien's Primary are a short walk away while Loyola and Parade Colleges are within easy reach. Shopping is also well catered for as nearby Bundoora Square is complimented by university brand outlet and Polaris Town Centre. Seldom found vacant land in an established, family friendly location; it's time to stake your claim! An impressive 586sqm approx. block with council endorsed plans for:.

Townhouse 1:
- 4 bedroom, 2 bathroom, 2 car

- Land Area 245m2
- Floor Area: 167m2

Townhouse 2:
- 4 Bedroom, 2 bathroom, 2 car
- Land Area 176.5m2
- Floor Area: 149.3m2

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Property History for 53 Settlement Rd, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$660,000
28 Sep 2021
Listed for Rent
$195/w
19 Jan 2005
  • 07 May 2024
    Listed for Sale SALE $550,000 - $600,000
  • 15 Aug 2022
    Listed for Sale $690,000 - $740,000
  • 28 Sep 2021
    Sold for $660,000
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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 13,890 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 85 properties listed for sale, and 27 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 507 properties were sold in the past 12 months in Bundoora.

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