Back 35 Settlement Road
Off Market

35 Settlement Road

Bundoora VIC 3083

3
1
4
614 m²
House
Last sold for $875,000
Domenic TorzilloDomenic Torzillo, last sold this property on 16 May 2025 after 32 days on market.

Overview

SOLD $875,000 BY DOMENIC TORZILLO

Situated in the heart of one of the north's most in-demand suburbs, this exciting opportunity in Bundoora offers exceptional potential for developers and savvy investors alike. Perfectly positioned just moments from every essential amenity, this property combines convenience, future growth, and development potential in one enticing package. Set on a generous parcel of land, this home sits just off Plenty Road, giving you direct access to Tram 86 which runs straight to the city. Bundoora Square Shopping Centre is virtually at your doorstep, providing immediate access to supermarkets, cafes, restaurants, medical centres, and more. With La Trobe and RMIT Universities just down the road, as well as local schools and parklands, this is a location that truly ticks all the boxes. Currently tenanted and returning $450 per week, the property provides solid holding income while you prepare your next move. The existing home is functional it's ideal for those looking to rebuild, or capitalise on the approved development potential. The real value here lies in the land and what's already in place: approved plans and permits for three modern townhouses. Whether you're an experienced developer or someone seeking their next big investment, this is a ready-made opportunity to hit the ground running in a fast-growing, high-demand suburb. Whether you're looking to invest, develop, or land bank in one of the most tightly held pockets of Bundoora, this is an opportunity not to be missed. Properties with this kind of scope and location are incredibly rare, act quickly and secure your future today. Land size: 614m2 approx Deposit: 10% of the purchase price Settlement preference: 30-60 days Rental: $450 per week

Features

3 bedrooms
1 bathroom
4 carspaces
4 garage spaces
614 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Bundoora over the last 12 months, the estimated median property value of 35 Settlement Road is $880k.

Median value
$880k
Estimated value range
$560k - $1.28m
Median days on market
24
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 35 Settlement Road

2025
Sold
$875,000
16 May 2025 by Domenic Torzillo, of Ray White Bundoora
2021
Sold
$790,000
Auction Sale on 26 Jun 2021 by David Moxon, of Barry Plant 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 72 reviews in Bundoora over the last 12 months.

Local market activity for 3 bedroom houses in Bundoora

In the last 12 months, 161 three-bedroom houses similar to 35 Settlement Road, have been sold.

This represents a 2% increase in three-bedroom houses sales when compared to the previous 12 months.

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