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6-8 Elizabeth Grove, Bundoora$1.82m
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For Salehouse

6-8 Elizabeth Grove

Bundoora, VIC 3083, Australia
$1.75m – $1.90m
6 bed 2 bath 6 car1528 m²

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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

Repayment calculator

$8,848/month
$4,424 /fortnight
Loan $1,460,000 at 6.10% over 30 years

Upfront costs

Deposit$365,000
Stamp duty$100,375
Conveyancing (est.)$2,000
Total upfront$467,375
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. 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 Express1.1 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

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Price history

Price history

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1 price change recorded for this property

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