497 Grimshaw Street, Bundoora, VIC 3083 | Property Value & History | OnTheHouse
OFF MARKET

497 Grimshaw Street
Bundoora VIC 3083

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Bathrooms: -
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Property Details for 497 Grimshaw St, Bundoora

Building Type
Commercial
Local Government
Banyule
Lot/Plan
2/PS500742

Last Listing description (November 2014)

PRIME INVESTMENT
Here's one heck of an investment on a main road for you to add to your portfolio or your self managed super fund. With a rock solid tenant a 2 year lease commencing 1st July 2013 coupled with a rental of $61,800 per annum + GST makes this a prime investment not to be missed. The tenant also pays all outgoings.The property is approximately 867sqm and has a factory area of 370sqm, and a separate showroom with mezzanine office of approximately 497sqm.
Expected selling range: $1 million plus buyers

Property History for 497 Grimshaw St, Bundoora, VIC 3083

A timeline of how this property has performed in the market
Last Transferred
27 May 2022
  • 23 May 2013
    Listed for Sale Not Disclosed
  • 08 Oct 2010
    Listed for Sale Not Disclosed
  • 21 Mar 2010
    Listed for Rent - Price not available
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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.
There are currently 39 properties listed for sale, and 40 properties listed for rent in Bundoora on OnTheHouse. According to Cotality's data, 612 properties were sold in the past 12 months in Bundoora.

Suburb Insights for Bundoora 3083

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.