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55 Settlement Road, BundooraFantastic Investment - 9.5% Rental Yield!
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55 Settlement Road

Bundoora, VIC 3083, Australia
Fantastic Investment - 9.5%…
6 bed 3 bath 3 car585 m²

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About this property

A property of such size in such a highly sought after location requires your immediate attention. This magnificent tri-level home will be at the top of your list if you are looking for a super investment. Literally a brisk walk to the Plenty Rd tram, Bundoora shopping precinct and only a short ride to both LaTrobe & RMIT Unis and to the Watsonia train station, you could not find a better property located for convenience, practicality and lifestyle. Comprising of 9 good size bedrooms, 3 central bathrooms and spacious kitchen with ample cupboard space overlooking meals and living area, ducted heating, evaporative cooling, alfresco dining, 2 car garage, and undercover storage. Located within walking distance to Bundoora square, all forms of public transport, parks, local schools including; Latrobe and RMIT universities, you couldn't ask for a better position. Land Size: 584sqm approx. Property Size: 42sq approx Chattels: All fixtures and fittings as inspected Deposit Terms: 10% of Purchase Price Preferred Settlement: 30/60/90 days Nearest Schools: Latrobe University, RMIT University, St Damian's Primary School, Northside Christian College, Parade College, Loyola College, Bundoora Secondary College Nearest Public Transport: Bus routes, Tram 86 on Plenty Road.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
3
Parking
3
Land Area
585 m²
Listed
3 months ago

Repayment calculator

$3,818/month
$1,909 /fortnight
Loan $630,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$157,500
Stamp duty$42,320
Conveyancing (est.)$2,000
Total upfront$201,820
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 6-bedroom house in Bundoora, VIC 3083 sits within reach of public transport, local shops and nearby schools.

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

  • Metropolitan Ring Road (bus)1.9 km away
  • Reddy Express1.0 km away
  • Mogg Court Reserve1.8 km away
  • Ambrose Treacy Drive Pipetrack Reserve1.8 km away
  • Hughes Circuit Reserve1.8 km 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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