Back 3/98 Settlement Rd
Off Market

3/98 Settlement Rd

Bundoora VIC 3083

2
1
2
202 m²
Unit
Last sold for $600,000
Joe TorzilloJoe Torzillo, last sold this property on 08 August 2025 after 28 days on market.

Overview

SOLD $600,000 BY JOE TORZILLO AND DOMENIC TORZILLO

Set in a boutique block of just four, this beautifully cared-for residence features a functional open plan design with a bright lounge and dining area flowing through to a modern white kitchen, complete with quality appliances and dishwasher, ample cupboard space, and generous bench area. Timber floors enhance the living zones while both spacious bedrooms are carpeted for comfort and include built in robes. The bathroom has been tastefully renovated with soft tones and sleek finishes, complemented by a separate laundry for added convenience. Step outside and enjoy a large private rear yard backing directly onto Norris Bank Reserve, providing peace, privacy, and a leafy outlook. Additional features include wall mounted refrigerated air conditioning unit and central gas heating throughout. A dedicated carport, visitor parking, and easy access to bus transport right at your doorstep. Just moments from Bundoora Square Shopping Centre, this property ticks all the boxes. Perfect for first-home buyers, downsizers, or savvy investors seeking a well-located, easy-care home with strong rental appeal. Land size: 202m2 approx Deposit: 10% of the purchase price Settlement preference: 30/60 days Rental assessment: $450-$500 per week Owners Corp: $1355 per year Council rates: $369 per quarter

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
202 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Bundoora over the last 12 months, the estimated median property value of 3/98 Settlement Rd is $582k.

Median value
$582k
Estimated value range
$356k - $700k
Median days on market
33
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bundoora. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/98 Settlement Rd

2025
Sold
$600,000
08 Aug 2025 by Joe Torzillo, of Ray White Bundoora
2018
Rented
Undisclosed
Leased on 09 Apr 2018 by Ray White Bundoora

Happy sellers in Bundoora

85%
85% of sellers in Bundoora reported that their sale price either exceeded or met their price expectations.

Bundoora stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Bundoora over the last 12 months.

Local market activity for 2 bedroom units in Bundoora

In the last 12 months, 20 two-bedroom units similar to 3/98 Settlement Rd, have been sold.

This represents a 32% increase in two-bedroom units sales when compared to the previous 12 months.

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