OFF MARKET

553 Grimshaw Street
Bundoora VIC 3083

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 913m2
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Property Details for 553 Grimshaw St, Bundoora

553 Grimshaw St, Bundoora is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 913m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1965
Floor Size
197m2
Land Size
913m2
Local Government
Banyule
Lot/Plan
20/LP42606

Last Listing description (August 2022)

**Due to Covid 19 restrictions, all inspections must be pre-booked**

Conveniently located within walking distance to Plenty Road and all of Bundoora's fine amenities, this enticing home offers huge opportunities for families, developers and investors.

Boasting an impressive 909sqm (approx.) of prime land, this home comprises of seven great-sized bedrooms, three updated bathrooms, a huge living area soaked by sunlight adjoining a large dining area, and a brand new kitchen with stainless steel appliances and an ample cupboard. Features include evaporative cooling, polished timber floors, a large pergola and a double carport with a circular driveway. With the Plenty Road tram, Bundoora Square shops, La Trobe and RMIT universities all within easy access, this opportunity will not last long.

Call Maggie 0425 790 930 for an inspection today!

- Land Size: 909sqm (approx.)
- Settlement: 30/60 days
- Deposit: 10% of the purchase price
- Rental Appraisal: $620 - $660 per week

Property History for 553 Grimshaw St, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$1,330,000
04 Dec 2021
  • 04 Dec 2021
    Sold for $1,330,000
  • 25 May 2021
    Listed for Sale $1,250,000 to $1,350,000
  • 17 Dec 2011
    Sold for $681,000
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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 13,912 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:

  • 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 78 properties listed for sale, and 29 properties listed for rent in Bundoora on OnTheHouse. According to CoreLogic's data, 523 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.