6-8 Elizabeth Grove
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About this property
6 & 8 Elizabeth Grove, Bundoora offer a rare and highly sought-after opportunity to secure a substantial combined landholding of 1,528m² (approx.) with approved plans and permits for six townhouses (available on request). Positioned in a quiet, established residential pocket, this ready-to-go development site provides valuable planning certainty for builders and developers seeking their next project in a proven growth corridor. The largely flat allotment with wide frontage enhances design flexibility and construction efficiency, while both existing homes are currently leased on a month-to-month basis, delivering flexible holding income as you prepare to build. Ideally located close to Bundoora Square, quality schools including Bundoora Primary School, Bundoora Secondary College, Loyola College, St Damian's Primary School, Northside Christian College and Parade College, and within easy reach of La Trobe University and RMIT University, the location guarantees strong end-value and rental appeal. With public transport, parklands and the natural beauty of Gresswell Forest Nature Conservation Reserve nearby, this exceptional permit-approved development site presents an outstanding opportunity to capitalise in one of Bundoora's most tightly held and high-demand precincts.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 2
- Parking
- 6
- Land Area
- 1528 m²
- Listed
- 3 months ago
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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. It is listed 137% above the $770,000 median of 56 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
- Metropolitan Ring Road (bus) — 2.0 km away
- Reddy Express — 1.1 km away
- Mogg Court Reserve — 1.8 km away
- Ambrose Treacy Drive Pipetrack Reserve — 1.8 km away
- Hughes Circuit Reserve — 1.8 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
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1 price change recorded for this property
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