1 Manchester CrescentBundoora VIC 3083
Property Details for 1 Manchester Cres, Bundoora
1 Manchester Cres, Bundoora is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Bundoora in the last 12 months.
Last Listing description (June 2026)
** PRIVATE INSPECTION BY APPOINTMENT ONLY**
Seize this rare chance to own a high-yielding town residence in a premier location. Ground floor spaces, including an open-plan living and meals anchored by a stone-finished, stainless-steel-equipped kitchen, are complemented by a first floor offering a main bedroom with a deluxe ensuite and two further bedrooms sharing an equally enticing family bathroom. A short walk from Uni Hill, shops, restaurants and cafes, medical and professional services, gymnasiums, RMIT, parklands, and Plenty Road trams for the easy trip to the CBD. To be sold with a long-term lease to a respected hotel group (expires in September 2035), it offers hassle-free income and minimal landlord responsibilities, creating the ideal set-and-forget investment.
Features
• Long-term lease expiring in September 2035
• 2 x 10-year further lease options
• Market review scheduled for 2029
• Predictable outgoings
• Tenant absorbs maintenance costs
• No concerns with finding tenants
• Low risk, low effort investment
• Well-suited for SMSF investment
• 4% increase yearly
• $2,937.00 rent per calendar month ($35,244.00 per year)
** PRIVATE INSPECTION BY APPOINTMENT ONLY**
Property History for 1 Manchester Cres, Bundoora, VIC 3083
- 05 Jun 2026Sold for $725,000
- 14 Nov 2025Listed for Sale $750,000 - $800,000
- 07 Sep 2018Sold for $700,000
Recent sales nearby
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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 13,812 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.
Suburb Insights for Bundoora 3083
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