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108/1053-1055 Plenty Road, Kingsbury$183,000
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108/1053-1055 Plenty Road

Kingsbury, VIC 3083, Australia
$183,000
1 bed 1 bath 1 car

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About this property

Never have a mortgage or loan, Nestled in the heart of Bundoora, this renovated studio apartment represents an unparalleled opportunity for savvy investors and first-home buyers alike. Perfectly positioned at the intersection of convenience and modern living, this property offers an enviable lifestyle with remarkable investment potential or Super fund investment has unparalleled potential for future growth. Property Highlights: • Prime location: Approximately 500m from La Trobe University Bundoora campus • Recent renovation with high-quality hybrid flooring & wall-cladding • Secure building with intercom entry system Investment Potential: • Ongoing Potential rental returns: $330 pw / $ • Potential capital growth in the thriving Bundoora precinct • Stamp duty savings for eligible first-home buyers • Good returns with short term or long term holding. Strategic Location Advantages: • Direct access to Route 86 tram line • Located opposite to Polaris Shopping Centre • Walking distance to multiple dining and convenience options • Quick 15-minute drive to Melbourne CBD • Excellent public transport connectivity Modern Amenities: • Fully equipped kitchen with stainless steel appliances • Generous balcony overlooking tram stop and Polaris shopping centre • Separate living/sleeping area • In-unit laundry facilities • Dedicated TV/entertainment space • Reverse cycle Heating & Cooling system This is more than just an apartment - it's a low maintenance investment. Whether you're a first-time buyer, a shrewd investor, or a professional seeking a low-maintenance home, this property ticks every box. Exclusive Inspection: Biggin Scott North invites interested buyers to inspect this property. Limited opportunities like this don't last long in the current market. Call us today and make it yours! Bhushan Doshi 0415 156 544 Sunny Singh 0448 158 444 *Photo ID Required At All Inspections* Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Virtual staging may have been used in some images to demonstrate possible furniture placement and room use. Actual property may differ. No representation is made as to the inclusion of any furniture or décor.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$887/month
$444 /fortnight
Loan $146,400 at 6.10% over 30 years

Upfront costs

Deposit$36,600
Stamp duty$6,050
Conveyancing (est.)$2,000
Total upfront$44,650
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 Kingsbury

This 1-bedroom apartment in Kingsbury, VIC 3083 sits within reach of public transport, local shops and nearby schools. It is listed 74% below the $709,000 median of 60 comparable apartmentswithin 5 km.

Schools near Kingsbury

  • Kingsbury Primary Schoolprimary · Prep-6 · CoEd
  • Our Lady of the Way Schoolprimary · Prep-6 · CoEd

What's nearby

  • La Trobe University Medical Centre/Plenty Road (bus)303 m away
  • Green Valley Farms259 m away
  • Bundoora Park326 m away
  • Larundel Oval (Lancaster Gate Reserve)471 m away
  • Unnamed694 m away

Kingsbury at a glance

Full suburb profile
Population
3,460
Median age
34
Household income
$1,399/wk
Median rent
$361/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Kingsbury price trend

Median sold · Unit 2 bed

Compound growth -9.0% / yr over 4 yrs

$397kcurrent median

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