35 Settlement RoadBundoora VIC 3083
Property Details for 35 Settlement Rd, Bundoora
35 Settlement Rd, Bundoora is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 614m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Bundoora in the last 12 months.
Last Listing description (May 2025)
Situated in the heart of one of the north's most in-demand suburbs, this exciting opportunity in Bundoora offers exceptional potential for developers and savvy investors alike. Perfectly positioned just moments from every essential amenity, this property combines convenience, future growth, and development potential in one enticing package.
Set on a generous parcel of land, this home sits just off Plenty Road, giving you direct access to Tram 86 which runs straight to the city. Bundoora Square Shopping Centre is virtually at your doorstep, providing immediate access to supermarkets, cafes, restaurants, medical centres, and more. With La Trobe and RMIT Universities just down the road, as well as local schools and parklands, this is a location that truly ticks all the boxes.
Currently tenanted and returning $450 per week, the property provides solid holding income while you prepare your next move. The existing home is functional it's ideal for those looking to rebuild, or capitalise on the approved development potential.
The real value here lies in the land and what's already in place: approved plans and permits for three modern townhouses. Whether you're an experienced developer or someone seeking their next big investment, this is a ready-made opportunity to hit the ground running in a fast-growing, high-demand suburb.
Whether you're looking to invest, develop, or land bank in one of the most tightly held pockets of Bundoora, this is an opportunity not to be missed. Properties with this kind of scope and location are incredibly rare, act quickly and secure your future today.
Land size: 614m2 approx
Deposit: 10% of the purchase price
Settlement preference: 30-60 days
Rental: $450 per week
Property History for 35 Settlement Rd, Bundoora, VIC 3083
- 17 May 2025Sold for $875,000
- 14 Apr 2025Listed for Sale $700,000 - $770,000
- 16 Nov 2023Listed for Sale Asking $930,000
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About Bundoora 3083
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 13,784 properties. Over the last 5 years, Houses in Bundoora have seen a 26.97% increase in median value, while Units have seen a 13.94% increase. As at 31 December 2025:
- The median value for Houses in Bundoora is $970,077 while the median value for Units is $526,372.
- Houses have a median rent of $580 while Units have a median rent of $500.
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