Back 3 Olympic Street
Off Market

3 Olympic Street

Bundoora VIC 3083

4
2
2
859 m²
House
Last sold for $1,490,000
Domenic TorzilloDomenic Torzillo, last sold this property on 24 October 2025 after 25 days on market.

Overview

SOLD $1,490,000 BY DOMENIC TORZILLO AND ANDREW MIZZI

Opportunities like this are rare, and this exceptional corner block in the heart of Bundoora is one that developers, investors, and families will not want to miss. Perfectly positioned in one of the suburb's most sought after pockets, this property combines an enviable location with huge potential. Set on a generous 859m² (approx.) of land, the property sits proudly on a prime corner allotment, offering endless possibilities for development or renovation to create a modern family haven. With its wide street presence and corner position, the site offers excellent flexibility for future planning and construction, giving developers the chance to maximise its value. The existing home is a well maintained four bedroom, two bathroom residence in original yet neat and tidy condition. Offering a practical floorplan, multiple living zones, and plenty of natural light, the home is comfortable to live in immediately or rent out while future plans take shape. This makes it an ideal investment for those seeking both short term returns and long term growth. Location is everything, and here it truly shines. Situated only minutes from Aldi, local bus stops, Watsonia train station, and the bustling Plenty Road corridor, convenience is right at your doorstep. The number 86 tram is just moments away, providing direct access into the CBD, while RMIT and La Trobe University are both nearby, adding to the strong demand from both students and professionals in the area. Families will also appreciate the choice of reputable schools, nearby parks, and local shopping centres. With its unbeatable combination of size, location, and future potential, this property represents a once in a generation opportunity to secure a standout corner block in Bundoora. Whether you are a developer ready to take advantage of the generous land size, an investor looking for a property with great rental appeal, or a homeowner searching for a block to build your dream residence, this offering ticks all the boxes. Land size: 859m2 apprix Deposit: 10% of the purchase price Settlement preference: 90/120 days Rental assessment: $600-$650 per week

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
859 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Bundoora over the last 12 months, the estimated median property value of 3 Olympic Street is $1.03m.

Median value
$1.03m
Estimated value range
$626k - $1.92m
Median days on market
26
Estimated value trend
2%
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 Olympic Street

2025
Sold
$1,490,000
24 Oct 2025 by Domenic Torzillo, of 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 69 reviews in Bundoora over the last 12 months.

Local market activity for 4 bedroom houses in Bundoora

In the last 12 months, 107 four-bedroom houses similar to 3 Olympic Street, have been sold.

This represents a 16% increase in four-bedroom houses sales when compared to the previous 12 months.

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