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1 Manchester Crescent, Bundoora$690,000
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1 Manchester Crescent

Bundoora, VIC 3083, Australia
$690,000
3 bed 2 bath 2 car

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About this property

** PRIVATE INSPECTION BY APPOINTMENT ONLY** Seize this rare chance to own a high-yielding town residence in a premier location. Ground floor spaces, including an open-plan living and meals anchored by a stone-finished, stainless-steel-equipped kitchen, are complemented by a first floor offering a main bedroom with a deluxe ensuite and two further bedrooms sharing an equally enticing family bathroom. A short walk from Uni Hill, shops, restaurants and cafes, medical and professional services, gymnasiums, RMIT, parklands, and Plenty Road trams for the easy trip to the CBD. To be sold with a long-term lease to a respected hotel group (expires in September 2035), it offers hassle-free income and minimal landlord responsibilities, creating the ideal set-and-forget investment. Features Long-term lease expiring in September 2035 2 x 10-year further lease options Market review scheduled for 2029 Predictable outgoings Tenant absorbs maintenance costs No concerns with finding tenants Low risk, low effort investment Well-suited for SMSF investment 4% increase yearly $2,937.00 rent per calendar month ($35,244.00 per year) ** PRIVATE INSPECTION BY APPOINTMENT ONLY**

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Listed
3 months ago

Repayment calculator

$3,345/month
$1,673 /fortnight
Loan $552,000 at 6.10% over 30 years

Upfront costs

Deposit$138,000
Stamp duty$36,470
Conveyancing (est.)$2,000
Total upfront$176,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Bundoora

This 3-bedroom house in Bundoora, VIC 3083 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $785,000 median of 51 comparable houseswithin 5 km.

Schools near Bundoora

  • Concord Schoolcombined · U · CoEd
  • Mastery Schools Victoriacombined · 4-9 · CoEd
  • Northside Christian Collegecombined · Prep-12 · CoEd
  • Bundoora Primary Schoolprimary · Prep-6 · CoEd
  • Norris Bank Primary Schoolprimary · Prep-6 · CoEd
  • St Damian's Schoolprimary · Prep-6 · CoEd

What's nearby

  • Janefield Drive (bus)215 m away
  • BMW Service388 m away
  • Janefield Wetland191 m away
  • Worcester West Park418 m away
  • Unnamed465 m away

Bundoora at a glance

Full suburb profile
Population
28,068
Median age
38
Household income
$1,668/wk
Median rent
$381/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Bundoora price trend

Median sold · House 3 bed

Compound growth +1.0% / yr over 4 yrs

$856kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Bundoora market

Within 5km

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