Suburb Profile Report for Bundoora VIC (3083)

Bundoora House: Median price $733,500, Annual capital growth 7.73%, Number of sales 310, Weekly median advertised rent $400

Bundoora Unit: Median price $415,000, Annual capital growth 3.98%, Number of sales 217, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Bundoora has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.85% to date .

While Bundoora,3083 ranked number 174th in VIC for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.

With the median price for a house in Bundoora being $733500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.84%

Over the last year, property investments in Bundoora, 3083 have given investors a capital gain of 9.21%. This compares favourably with the 6.72% for VIC as a whole.

A 12.85% growth in median value for property investors in Bundoora,3083 puts this suburb at number 93th in terms of best performing suburbs in VIC

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$733,500 $415,000
4.79% 5.06%
12.85% 9.21%
7.73% 3.98%
$400 $350
310 217
2.84% 4.39%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 25709
Median household income ($/weekly) 1225
Median age of persons 35
Median housing loan repayment ($/monthly) 1810
Average household size 2.8
  • Census Count Percent(%)
    20-24 years 3130 12.2
    25-34 years 3596 14.0
    35-44 years 3530 13.7
    45-54 years 3100 12.1
    55-64 years 2837 11.0
    Others 9516 37.0
    Age Group
    Census Count Percent(%)
    Registered Married 9844 52.0
    Not Married 8154 43.0
    Defacto Relationship 945 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 15072 62.1
    Croatia 1824 7.5
    Indonesia 602 2.5
    Japan 763 3.1
    Other 1250 5.2
    Others 4752 19.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 1027 4.4
    Christianity 15810 67.0
    Hinduism 685 2.9
    Islam 1003 4.2
    No Religion 4860 20.6
    Others 220 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 763 10.2
    $600-$799 691 9.2
    $800-$999 691 9.2
    $1,500-$1,999 1028 13.7
    $2,000-$2,499 750 10.0
    Others 3569 47.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 7901 38.7
    Employed, worked full-time 7070 34.6
    Employed, worked part-time 3773 18.5
    Unemployed, looking for work 891 4.4
    Employed, away from work 778 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1256 10.8
    Professionals 2446 21.1
    Technicians & trades workers 1576 13.6
    Clerical & administrative workers 1943 16.7
    Sales 1301 11.2
    Others 3094 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 407 5.6
    Infants/Primary 1684 23.0
    Secondary 1429 19.5
    Technical or Further Educational Institution 463 6.3
    University or other Tertiary Institutions 3104 42.4
    Others 230 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 21068 91.0
    Flat, unit or apartment 1054 4.6
    Semi-detached, row or terrace house, townhouse 1034 4.5
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3351 41.3
    Being purchased 2953 36.4
    Rented 1743 21.5
    Other tenure type 74 0.9
    Tenure Type
Census 2011, ABS
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