7/1A Main DriveBundoora VIC 3083
Property Details for 7/1a Main Dr, Bundoora
7/1a Main Dr, Bundoora is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2002. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Townhouse sold in Bundoora in the last 12 months.
Last Listing description (December 2024)
Nestled in an unbeatable location right next to La Trobe University, with the tram at your doorstep and Polaris Shopping Centre across the road, this tri-level townhouse is the perfect opportunity for a savvy renovator looking to maximize rental potential and capital growth.
Currently configured with 3 bedrooms and 2 bathrooms, this property offers the chance to easily convert the space into a 4-bedroom home, unlocking even greater rental returns. Whether you're an investor looking to add value or a handy owner-occupier with a vision, this home has the flexibility and space you need to create something special.
Why Invest or Renovate Here? The location with La Trobe University, public transport, and shopping amenities all within walking distance, this property offers unbeatable convenience and lifestyle appeal. With a little vision and renovation, you could easily convert this townhouse into a 4-bedroom home, increasing both its rental appeal and resale value. The unique layout gives you the option to tailor the property to your needs, whether you want a larger family home or a high yield investment.
This property is being sold as a 'Private Sale' with an asking price of $545,000.
Inspections are via open house time only. Current rental return $1,760pcm approx.
Body Corporate Fees (Owners Corporate Fees) - $2,000 per year (approx)
Property History for 7/1a Main Dr, Bundoora, VIC 3083
- 09 Dec 2024Sold for $540,000
- 19 Nov 2024Listed for Sale $545,000
- 29 Jun 2022Listed for Rent $350 / week
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0About 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 13,927 properties. Over the last 5 years, Houses in Bundoora have seen a 18.19% increase in median value, while Units have seen a 18.82% increase. As at 30 November 2024:
- The median value for Houses in Bundoora is $888,231 while the median value for Units is $504,289.
- Houses have a median rent of $570 while Units have a median rent of $480.
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