31 Settlement Road, Bundoora, VIC 3083 | House for sale | OnTheHouse
 
FOR SALE
EOI Closing 31/7/3026 At 6PM

31 Settlement Road
Bundoora VIC 3083

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Land area: 733m2
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Walk To Shops, School, Tram86- Permit Approved & Endorsed for 3 Architecturally Designed Townhomes

A charming 5-bedroom family home that perfectly blends classic architecture with modern living. Nestled on a generous 733 sqm corner block, this property offers ample space for both indoor and outdoor activities. A rare opportunity to secure approved plans and permits for 3 architecturally designed townhouses in one of Bundoora's most convenient and fast-growing pockets within walking distance to Schools, Bundoora shopping centre and trams. Offering three thoughtfully designed residences, this boutique development delivers modern living, functional layouts and strong investment appeal.
As you step inside, you will be greeted by a warm and inviting living room adorned with beautiful stained wood accents and hardwood flooring. The spacious layout allows for comfortable family gatherings and entertaining guests. The home features a well-appointed bathroom and five generously sized bedrooms, providing plenty of room for a growing family or the option to create a home office or guest rooms.
The outdoor space is a true highlight, with a lush lawn and well-maintained garden, perfect for children to play or for hosting summer barbecues. The double garage offers secure parking and additional storage options.
Positioned in a highly sought-after location, the property is within close proximity to La Trobe University, Polaris Shopping Centre, local schools, parklands and public transport options including tram and bus services. Easy access to major roads and freeways further enhances the lifestyle and investment appeal.
Rental Appraisal $620-$650/week
Whether you are looking to move or secure a quality addition to your portfolio, this is an opportunity not to be missed.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 31 Settlement Rd, Bundoora

31 Settlement Rd, Bundoora is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 733m2. The place is currently for sale with Redrok.

Building Type
House
Year Built
1960
Land Size
733m2
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About Bundoora 3083

The size of Bundoora is approximately 17.3 square kilometres. There are 85 parks, covering nearly 31.6% of the total area. The population of Bundoora in 2016 was 28653 people. By 2021 the population was 28068 showing a population decline of 2.0% 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 2021, 68.80% of the homes in Bundoora were owner-occupied compared with 68.90% in 2016.

Bundoora has 13,810 properties. Over the last 5 years, Houses in Bundoora have seen a 5.01% increase in median value, while Units have seen a 12.31% increase. As at 31 July 2026:

  • The median value for Houses in Bundoora is $909,203 while the median value for Units is $550,672.
  • Houses have a median rent of $600 while Units have a median rent of $525.
There are currently 49 properties listed for sale, and 36 properties listed for rent in Bundoora on OnTheHouse. According to Cotality's data, 605 properties were sold in the past 12 months in Bundoora.

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Robbie Singh
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Chintan Bhimajiyani
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