2 Russell StreetBulleen VIC 3105
Property Details for 2 Russell St, Bulleen
2 Russell St, Bulleen is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1036m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (June 2026)
Occupying a substantial allotment of approximately 1,036sqm, this versatile Bulleen opportunity combines immediate family comfort with exceptional future potential. Whether you are looking to renovate, invest, lease out or capitalise on the approved development scope, this is a property offering flexibility and long-term upside.
Privately positioned behind established gardens, the existing residence provides generous proportions with multiple living areas, a functional timber kitchen, spacious bedrooms and expansive outdoor entertaining space, delivering comfortable accommodation for families or tenants while future plans are explored.
Adding further appeal, the property comes with approved plans and permits for three well-designed town residences, presenting an increasingly rare opportunity for developers, builders and astute investors seeking their next project in a tightly held and rapidly evolving pocket of Bulleen.
Ideally located moments from Bulleen Plaza, Macedon Square, Westfield Doncaster, parklands and the Eastern Freeway, the home also enjoys convenient access to quality schools, cafes, walking trails and the CBD.
A compelling opportunity to secure a sizeable landholding with existing income potential and exciting development prospects in one of the eastern suburbs most connected locations.
- Land size of approximately 1,036 sqm
- Approved plans and permits for 3 townhouses
- Comfortable existing home with multiple living zones
- Expansive outdoor entertaining and backyard space
- Excellent opportunity for developers, investors or landbank buyers
- Close to Bulleen Plaza, schools, parklands and freeway access
Property History for 2 Russell St, Bulleen, VIC 3105
- 27 May 2026Listed for Sale $1,700,000 - $1,800,000
- 16 Mar 2023Listed for Rent $600 / week
- 27 May 2021Sold for $1,430,000
Recent sales nearby
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About Bulleen 3105
The size of Bulleen is approximately 6.5 square kilometres. There are 29 parks, covering nearly 28.3% of the 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 5,616 properties. Over the last 5 years, Houses in Bulleen have seen a -3.75% decrease in median value, while Units have seen a 13.55% increase. As at 31 May 2026:
- The median value for Houses in Bulleen is $1,276,931 while the median value for Units is $882,843.
- Houses have a median rent of $738 while Units have a median rent of $630.
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