192 Bulleen Rd, Bulleen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 172m2. While the property is not currently for sale or for rent, it was last sold in May 2012.
On offer is an outstanding investment, fully renovated double storey property with a 3 room, 2 bedroom dwelling upstairs and retail shop downstairs on two separate leases.
Downstairs retail area of 130m2 (approx) leased to successful Fish & Chips on a long 3 year lease commencing February 2011 plus 3 options of 3 years each. The rental is $25,730 gross p.a. + O/G’S and GST (March 2012). (Annual CPI increases and to market at every option- February 2014). Upstairs leased till March 2013 at $13,000 PA (March 2012). (Potential to further increase rental on dwelling from March 2013 to $15,600 approx.).
The size of Bulleen is approximately 6.5 square kilometres. It has 29 parks covering nearly 28.3% of total area. The population of Bulleen in 2016 was 10873 people. By 2021 the population was 11219 showing a population growth of 3.2% in the area during that time. The predominant age group in Bulleen is 50-59 years. Households in Bulleen are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bulleen work in a professional occupation.In 2021, 77.60% of the homes in Bulleen were owner-occupied compared with 77.20% in 2016.
Bulleen has 5,630 properties. Over the last 5 years, Houses in Bulleen have seen a 22.03% increase in median value, while Units have seen a 27.10% increase. As at 31 December 2025:
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