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Sold on 19 Sep 2024 for $439,000

7/42 Ormond Boulevard
Bundoora VIC 3083

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/42 Ormond Bvd, Bundoora

7/42 Ormond Bvd, Bundoora is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Bundoora in the last 12 months.

Building Type
Apartment
Local Government
Whittlesea
Lot/Plan
315/PS616333

Last Listing description (September 2024)

Perched at the top of University Hill’s prestigious Lochmore Apartments, this residence boasts stunning easterly views.
It features one of the largest balconies on the development, perfect for outdoor entertaining.
The open plan layout includes a kitchen with a stone topped island bench and stainless-steel appliances, along with a spacious family and meals area.

Double sliding doors open to the impressive balcony providing ample space for a full outdoor setting and BBQ, this space also includes a self-sufficient fruit/vegetable garden.
The apartment offers two generously sized bedrooms serviced by a central bathroom and include additional features such as intercom entrance, parking, and a storage cage.
Its prime location is within walking distance to the vibrant University Hill centre with shops, cafes and restaurants, and offers easy access to RMIT University and public transport including Tram 86 direct to the CBD.
This is an ideal opportunity for first homeowners, down sizers and investors. The apartment’s expansive outdoor entertaining area is a standout feature, making it truly exceptional.

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Property History for 7/42 Ormond Bvd, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$439,000
19 Sep 2024
Listed for Rent
$495/w
23 Oct 2024
  • 23 Oct 2024
    Listed for Rent $495 / week
  • 19 Sep 2024
    Sold for $439,000
  • 03 Jul 2024
    Listed for Sale $419,000 - $449,000
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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 13,905 properties. Over the last 5 years, Houses in Bundoora have seen a 17.65% increase in median value, while Units have seen a 24.15% increase. As at 31 October 2024:

  • The median value for Houses in Bundoora is $875,351 while the median value for Units is $512,547.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 35 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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