7/40 Ormond BoulevardBundoora VIC 3083
Property Details for 7/40 Ormond Bvd, Bundoora
7/40 Ormond Bvd, Bundoora is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 8400m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Bundoora in the last 12 months.
Last Listing description (April 2026)
Sophisticated living in the prestigious University Estate
At a purchase price of $330,000 and an estimated rental return of $450 per week, the property offers an approximate gross yield of 7.09% per annum, excluding outgoings
Positioned within the highly sought-after University Estate and delivering a refined combination of contemporary style, privacy and low-maintenance living in one of Bundooras most convenient and well-connected pockets.
Beautifully presented and filled with natural light, the open-plan living and dining domain offers an inviting sense of space and comfort, complemented by a sleek, modern kitchen featuring quality appliances, generous cabinetry and stylish finishes designed for effortless everyday living.
The spacious bedroom, complete with built-in robes, provides a peaceful retreat and is serviced by a sophisticated central bathroom that balances elegant design with practical functionality.
Stepping outside, a private balcony creates a tranquil extension of the living space perfect for morning coffee, relaxed entertaining or unwinding in complete privacy. A secure car space and additional storage further enhance the homes outstanding practicality.
Surrounded by lush parklands and scenic walking trails, and only moments from RMIT University, the vibrant University Hill Shopping Centre, cafs, transport options and major arterials, this impressive residence delivers exceptional lifestyle convenience.
Ideal for first-home buyers, professionals, downsizers or investors seeking a premium, low-maintenance opportunity in a thriving and tightly held Bundoora address.
Property History for 7/40 Ormond Bvd, Bundoora, VIC 3083
- 11 Mar 2026Sold for $345,000
- 06 Mar 2026Listed for Sale Under Offer
- 19 Apr 2011Listed for Rent - Price not available
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 13,782 properties. Over the last 5 years, Houses in Bundoora have seen a 13.32% increase in median value, while Units have seen a 16.71% increase. As at 31 May 2026:
- The median value for Houses in Bundoora is $943,724 while the median value for Units is $540,822.
- Houses have a median rent of $600 while Units have a median rent of $520.
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