Back 7/40 Ormond Boulevard
Off Market

7/40 Ormond Boulevard

Bundoora VIC 3083

1
1
1
Apartment
Last sold for $345,000
Tyler WilkinsonTyler Wilkinson, last sold this property on 12 March 2026 after 5 days on market.

Overview

Expressions of Interest Closing Monday 30th March at 4pm

Sophisticated living in the prestigious University Estate At a purchase price of $330,000 and an estimated rental return of $450 per week, the property offers an approximate gross yield of 7.09% per annum, excluding outgoings Positioned within the highly sought-after University Estate and delivering a refined combination of contemporary style, privacy and low-maintenance living in one of Bundoora's most convenient and well-connected pockets. Beautifully presented and filled with natural light, the open-plan living and dining domain offers an inviting sense of space and comfort, complemented by a sleek, modern kitchen featuring quality appliances, generous cabinetry and stylish finishes designed for effortless everyday living. The spacious bedroom, complete with built-in robes, provides a peaceful retreat and is serviced by a sophisticated central bathroom that balances elegant design with practical functionality. Stepping outside, a private balcony creates a tranquil extension of the living space perfect for morning coffee, relaxed entertaining or unwinding in complete privacy. A secure car space and additional storage further enhance the home's outstanding practicality. Surrounded by lush parklands and scenic walking trails, and only moments from RMIT University, the vibrant University Hill Shopping Centre, cafés, transport options and major arterials, this impressive residence delivers exceptional lifestyle convenience. Ideal for first-home buyers, professionals, downsizers or investors seeking a premium, low-maintenance opportunity in a thriving and tightly held Bundoora address.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Bundoora over the last 12 months, the estimated median property value of 7/40 Ormond Boulevard is $345k.

Median value
$345k
Estimated value range
$295k - $420k
Median days on market
31
Estimated value trend
6%
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 7/40 Ormond Boulevard

2026
Sold
$345,000
Private Sale/Treaty on 12 Mar 2026 by Tyler Wilkinson, of Nelson Alexander Preston

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 1 bedroom apartments in Bundoora

In the last 12 months, 30 one-bedroom apartments similar to 7/40 Ormond Boulevard, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Bundoora

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent