SOLD
Sold on 30 Nov 2023 for $880,000

7 Copernicus Crescent
Bundoora VIC 3083

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 109m2
Land area: 21527m2
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Richard Impiombato
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Property Details for 7 Copernicus Cres, Bundoora

Building Type
Commercial
Year Built
2013
Floor Size
109m2
Land Size
21527m2
Local Government
Darebin
Lot/Plan
H3/PS640935

Last Listing description (November 2023)

* New 5 + 3 + 3 + 3 year lease to Fletchers Real Estate from 08/06/23
* Fletchers is one of Victoria's most prominent residential real estate agencies, with continuous trading since 1919 and 28 offices
* New Bundoora office as part of their ongoing expansion

* Returning $50,000 per annum plus GST and outgoings
* Fletchers fitout is almost complete
* 111 sqm corner shop with wide frontage
* Entry position to the "Polaris Town Centre, anchored by Woolworths, child care centre, and a range of cafes, eateries, and shops.
* Just off Plenty Road and surrounded by a high density residential area
* Ample surrounding public car parking, providing efficient parking for your customers
* 96 sqm front of house with rear 15 sqm back of house
* Front and back door access
* Regular shape
* Polaris 3083 is a master planned village hub comprising the town square and residential area
* La Trobe University is within walking distance
* Near tram route 86 leading into the CBD
* Available for immediate purchase

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Property History for 7 Copernicus Cres, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Sold
$880,000
30 Nov 2023
Listed for Rent
$750k/w
14 Jun 2023
  • 30 Nov 2023
    Sold for $880,000
  • 03 Dec 2022
    Listed for Rent $750,000 / year
  • 03 Dec 2022
    Listed for Sale Sale $800,000 + GST | Lease $50,000 PA Net
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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.

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