42 Railway AvenueBunyip VIC 3815
Property Details for 42 Railway Ave, Bunyip
42 Railway Ave, Bunyip is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1768m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (May 2026)
Proudly presented by Elders Real Estate, 42 Railway Avenue, Bunyip offers an exceptional opportunity for developers, investors, or buyers seeking a large landholding with strong future potential in a growing township.
Situated within the General Residential Zone, this property provides excellent scope for future multi-unit development (Subject to Council Approval). With the potential to build up to 4 units, this site presents a fantastic opportunity for developers or land bankers looking to secure a strategic position in the expanding Bunyip market.
Development Potential:
Located in General Residential Zone
Potential for up to 4 units (STCA)
Ideal site for developers or investors
Opportunity to buy now and develop later
Existing Home:
The property currently features a well-maintained three-bedroom home with ensuite, offering comfortable living or rental income while planning future development.
Property Features:
Two large garages
Garden shed for additional storage
5kW solar system
Three Coonara wood heaters for winter comfort
Two split-system air conditioners
Downlights throughout the home
Indoor & Outdoor Living:
The home also includes a spacious entertainment and bar area with its own Coonara heater, creating a great space for entertaining family and friends.
Ideal for Multiple Buyers:
This property offers flexibility for:
Developers seeking their next project
Investors looking to landbank in a growing area
Owner-occupiers wanting a large block with future potential
Secure this rare opportunity in Bunyip's growing township and unlock the development potential this property has to offer.
For more information or to secure your lot, contact:
Vikk Sohal - 0424 151 001
Ray Cullen - 0429 977 313
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
Property History for 42 Railway Ave, Bunyip, VIC 3815
- 11 Mar 2026Listed for Sale $760,000-$825,000
- 13 Sep 2021Sold for $655,000
- 20 May 2021Listed for Sale $630,000 - $675,000
Recent sales nearby
See more recent sales nearby/assets/perm/xdnctxn6cmi6ney2m6mqxgeavy?signature=74a773bc7cdf1584c8dd2e803303765d0bece908ebe2d46be2f6a8f5ede96f5c){kind=logo}
0
/assets/perm/r2zrr3iqoyi6zc6reugzaqdcvi?signature=c899d419d476e4c3dfe512246076da7cc34c455db7a32d678754e894ca4d1dfd){kind=logo}
0/assets/perm/4e6dxwv6pei6ne5pmmocqn6t7u?signature=4ab382153def5ae0525526715dc8e6277b5303b88dbd88e121388e096263e249){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Bunyip 3815
The size of Bunyip is approximately 24.2 square kilometres. The population of Bunyip in 2016 was 2468 people. By 2021 the population was 3131 showing a population growth of 26.9% in the area during that time. The predominant age group in Bunyip is 10-19 years. Households in Bunyip are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunyip work in a trades occupation.In 2021, 85.10% of the homes in Bunyip were owner-occupied compared with 82.60% in 2016.
Bunyip has 1,642 properties. Over the last 5 years, Houses in Bunyip have seen a 39.20% increase in median value, while Units have seen a 35.10% increase. As at 30 April 2026:
- The median value for Houses in Bunyip is $970,999 while the median value for Units is $594,865.
- Houses have a median rent of $615 while Units have a median rent of $435.
Suburb Insights for Bunyip 3815
Market Insights
Bunyip Trends for Houses
N/A
N/A
View TrendN/A
N/A
Bunyip Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
