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VIC › Bundoora › Greenwood Dr

157 Greenwood Dr, Bundoora VIC 3083

House

$933,000

Last sold

13 Sept 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

528 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $933,000 (13 Sept 2025).(Recorded sale)
  • FactLand 528 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Bundoora (last 5 years) with land size: median $1,573/m² of land (n=109). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$933,000

13 Sept 2025 · derived via latest_sale

Local land rate: recorded House sales in Bundoora (last 5 years) with land size have a median of $1,573/m² of land (n=109). Districts calculation from recorded sales — not a valuation.

Bundoora at a glance

31,105

People

$911,000

Median sale

$520/wk

Median rent

2.97%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Bundoora report →

Vs Bundoora

+2.4%

Median sale

Suburb $911,000

-0.07 pp

Gross yield

Suburb 2.97%

Suburb median $911,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$933,00013 Sept 2025
  2. Listedprice unknowncompleted19 Aug 2025
  3. Listedprice unknowncompleted19 Aug 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $520/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Bundoora in one glance

Bundoora at a glance

31,105

People

$911,000

Median sale

$520/wk

Median rent

2.97%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Bundoora report →

Keep researching

  • Why Bundoora? Read the area thesis →
  • What else is on the market in Bundoora →
  • Other records on Greenwood Dr →

Listing material

Listed by Ray White Bundoora

SOLD $933,000 BY DOMENIC TORZILLO

Nestled in one of Bundoora's most convenient and family friendly pockets, this much loved home presents a rare opportunity to secure a property that combines comfort, lifestyle, and long term potential. Held within the same family for many years, it has been cared for and maintained with pride, offering buyers the chance to step straight in and enjoy while also leaving scope to add their own touches in the future.

The home offers three generously sized bedrooms and a central bathroom, ideal for young families, first home buyers, or investors. The interiors are warm and inviting, highlighted by beautiful hardwood timber boards that flow throughout, bringing character and charm to the living spaces. The kitchen has been updated with modern appliances, providing functionality for everyday cooking and entertaining, while still retaining the character of a home that has stood the test of time.

What sets this property apart is its direct backyard gateway to Telfer Reserve. Imagine stepping out your back door and having instant access to open parklands, and play areas. A dream for families with children, pet owners, or anyone who enjoys an active lifestyle. It's this unique connection to green space that makes the home such a special find in the Bundoora market.

Read the full description

The location is second to none. Just minutes away you'll find Watsonia train station and the bustling Watsonia shopping strip, offering convenience at your doorstep. For those who rely on public transport, Tram 86 is easily accessible, connecting you to Melbourne's inner suburbs and CBD. The area is also home to two of Victoria's most prominent universities, RMIT and La Trobe. Along with a choice of respected primary and secondary schools, making this an exceptional location for students and families alike.

Whether you're searching for a home to move into and enjoy immediately, or a property with scope to renovate and add future value, this residence ticks all the boxes. With its combination of character, a unique park side advantage, and a location surrounded by key amenities, it offers a lifestyle that's hard to match.

Opportunities like this don't come along often. This is your chance to secure a piece of Bundoora living that blends history, heart, and potential in equal measure.

Land size: 528m2

Deposit: 10% of the purchase price

Settlement preference: 30/60 days

Rental assessment: $550-$600 per week

Listing description written by Domenic Torzillo, Ray White Bundoora — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Heating

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.