Chat with us, powered by LiveChat
City of Banyule
Bundoora

Bundoora Property Market
& Suburb Profile

Powered by Proptrack

MEDIAN PRICES IN BUNDOORA

Median house price

(all agencies, last 12 months)$866k*

House price change

(all agencies, last 12 months)+2.06%

Median unit price

(all agencies, last 12 months)$453k*

Unit price change

(all agencies, last 12 months)-1.63%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BUNDOORA PRICE TRACKER

HousesUnits

BUNDOORA SALES OVERVIEW

  • Sold by Auction 56%
  • Sold by Private Sale or Other Method 44%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)32

Auction clearance rate in Bundoora

(all agencies, last 12 months)58%

Average held period in Bundoora

(proptrack)12 years

BUNDOORA INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$614pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$494pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.61%

Average rental yield for Units

(all agencies, last 12 months)4.96%

Bundoora total population size

(as at the last census)28,068

Median household size in Bundoora

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

BUNDOORA PROPERTY TYPES

  • Houses 45%
  • Units 22%
  • Other 33%

OCCUPANCY IN BUNDOORA

  • Owned 69%
  • Rented 28%
  • Other/Not Stated 3%
  • Singles 23%
  • Families 71%
  • Other 6%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

Request a free price evaluation from our experienced team

ABOUT BUNDOORA

Bundoora is a vibrant and diverse northeastern suburb that successfully blends a family-friendly atmosphere with an energetic student presence, offering a well-rounded lifestyle just 14 to 16 kilometres from the CBD.

The area’s character is heavily influenced by its two major tertiary institutions, La Trobe University and RMIT Bundoora, which inject a youthful, international flavour and drive a robust demand for rental properties, especially modern apartments and low-maintenance units, making the area exceptionally attractive to savvy investors seeking competitive yields.

The housing landscape is diverse, ranging from older, spacious family homes on good-sized blocks in established, leafy residential pockets to contemporary townhouses and apartment complexes that have emerged around new retail hubs like Polaris Town Centre and the Uni Hill Factory Outlets.

Education is a cornerstone of the suburb’s appeal, offering not just tertiary options but also a range of quality primary and secondary schools. Connectivity is a key strength, with the suburb serving as the terminus for Tram Route 86, providing a direct link into the city, alongside numerous bus routes and excellent access to the Metropolitan Ring Road and major arterials for swift vehicular travel.

For recreation, residents enjoy extensive green spaces, including the massive Bundoora Park, which offers playgrounds, picnic areas, and historic Mount Cooper, ensuring ample opportunities for outdoor activity and family leisure that solidifies Bundoora as a thriving and convenient option for buyers, renters, and investors across multiple demographics.

Education

Bundoora Primary School
Bundoora Secondary College
Concord School
Norris Bank Primary School
Northside Christian College
Parade College
St Damian's School
Powered by Proptrack

BUNDOORA MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025552$659,0002.06%641$554pw4.29%
2024519$654,2502.29%637$537pw4.41%
2023430$631,748-1.66%688$508pw4.29%
2022478$657,500-0.59%966$448pw3.83%
2021585$650,00016.43%910$404pw3.24%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025552$659,000+2.06%
2024519$654,250+2.29%
2023430$631,748-1.66%
2022478$657,500-0.59%
2021585$650,000+16.43%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025641$554pw4.29%
2024637$537pw4.41%
2023688$508pw4.29%
2022966$448pw3.83%
2021910$404pw3.24%

PROUDLY SERVICING Bundoora

Barry Plant
Bundoora

BROWSE MORE SUBURBS

Watsonia North

Watsonia

Greensborough

NEWS & INSIGHTS

Your Guide to Victoria's Upcoming Rental Reforms: What You Need to Know

Five things to consider when choosing an investment property

Handy tips for the first home buyer

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.