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.
VIC › Bundoora › Noorong Ave
$790,000
Last sold
2 Nov 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
595 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$790,000
2 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Bundoora (last 5 years) with land size have a median of $1,581/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.
Vs Bundoora
-13.3%
Median sale
Suburb $911,000
+0.45 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White BundooraPerfect Family Oasis on a 595sqm Allotment!
Conveniently located with everything at your doorstep, this immaculately presented 4 generous sized bedroom (2 with BIRs and 2 with WIRs) solid home on a 595sqm allotment offers endless possibilities to either a first home buyer, investor and/or developer.
Step inside to be greeted by a welcoming entry flowing to the sun drenched family living room with a beautiful gas log fireplace, perfect for winter. The well-appointed kitchen boasts an abundance of storage and an open plan meals area adjoins a large rumpus/family room. A massive undercover alfresco and low maintenance backyard complete the package.
Highlights include double glazed windows, solar panels , fireplace, heating wall units, reverse split systems, ceiling fans, air purifier system and oversize carport with long drive through access. Amenities all within close proximity include Bundoora Square shops, tram just at the end of the street and bus stop right at your doorstep . Watsonia North Primary, St Damien Primary, Loyola College, Parade College all within walking distance as well as RMIT & LaTrobe University just a tram ride away.
Everything you need is right here on offer. Inspect today and enjoy the convenience!
Land Size: 595sqm approx
Hot Water Service: Gas
Heating: Fireplace, reverse split systems and wall units
Cooling: Reverse split system and wall unit
Deposit Terms: 10% deposit
Preferred Settlement: 30/60/90 days
Rental Appraisal: $550pw approx
Nearest Primary Schools: Bundoora Primary, Watsonia North Primary, St Damian's Primary
Nearest Secondary Schools: Bundoora Secondary, Loyola College, Parade College
Nearest University: RMIT university, LaTrobe university
Nearest Public Transport: 86 Tram & Routine buses
Listing description written by Gin Wu, Ray White Bundoora — reproduced as published, not verified by Districts.