3 Olympic St, Bundoora is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 859m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Bundoora in the last 12 months.
Opportunities like this are rare, and this exceptional corner block in the heart of Bundoora is one that developers, investors, and families will not want to miss. Perfectly positioned in one of the suburb's most sought after pockets, this property combines an enviable location with huge potential.
Set on a generous 859m² (approx.) of land, the property sits proudly on a prime corner allotment, offering endless possibilities for development or renovation to create a modern family haven. With its wide street presence and corner position, the site offers excellent flexibility for future planning and construction, giving developers the chance to maximise its value.
The existing home is a well maintained four bedroom, two bathroom residence in original yet neat and tidy condition. Offering a practical floorplan, multiple living zones, and plenty of natural light, the home is comfortable to live in immediately or rent out while future plans take shape. This makes it an ideal investment for those seeking both short term returns and long term growth.
Location is everything, and here it truly shines. Situated only minutes from Aldi, local bus stops, Watsonia train station, and the bustling Plenty Road corridor, convenience is right at your doorstep. The number 86 tram is just moments away, providing direct access into the CBD, while RMIT and La Trobe University are both nearby, adding to the strong demand from both students and professionals in the area. Families will also appreciate the choice of reputable schools, nearby parks, and local shopping centres.
With its unbeatable combination of size, location, and future potential, this property represents a once in a generation opportunity to secure a standout corner block in Bundoora. Whether you are a developer ready to take advantage of the generous land size, an investor looking for a property with great rental appeal, or a homeowner searching for a block to build your dream residence, this offering ticks all the boxes.
Land size: 859m2 apprix
Deposit: 10% of the purchase price
Settlement preference: 90/120 days
Rental assessment: $600-$650 per week
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 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 13,779 properties. Over the last 5 years, Houses in Bundoora have seen a 16.23% increase in median value, while Units have seen a 17.76% increase. As at 30 April 2026:
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