8-16 Main DriveBundoora VIC 3083
Property Details for 8-16 Main Dr, Bundoora
Last Listing description (December 2022)
Teska Carson is pleased to present Lot S3, 8-16 Main Drive, Bundoora for sale by Private Treaty.
This property presents a unique opportunity to be a part of the award-winning master-planned Polaris 3083 estate, adjoining the Polaris Town Centre and directly opposite La Trobe University.
Known as Lot S3 of the masterplan subdivision, this prime parcel of land offers prospective buyers the opportunity to purchase over 930m2 of land in Melbournes inner-north, with a permit in place for a five (5) storey apartment building comprising 48 dwellings.
Located just 14km north-west from Melbourne CBD, the property is within close proximity to major arterials, fantastic schools, major key retailers Woolworths, Dan Murphys and Chemist Warehouse, and all lifestyle amenities including parks, golf clubs, shopping centres and hospitals.
La Trobe University, partnering with Plenary, have also announced a $5 billion 'University City of the Future' plan which will see the neighbouring Bundoora campus be transformed into a vibrant city, creating economic and social growth to Melbourne's north.
Due Diligence pack available separately upon request.
Please do not hesitate to contact the listed agent for more information.
Property History for 8-16 Main Dr, Bundoora, VIC 3083
- 22 Dec 2023Sold for $3,190,000
- 02 Aug 2022Listed for Sale Contact Agent
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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 13,905 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.
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