2/38 Flannery Avenue, Bundoora VIC 3083

2/38 Flannery Avenue, Bundoora VIC 3083
Brand new townhouse | Three bedrooms two bathrooms | Double garage with rear yard | Strong rental yield signals in Bundoora This townhouse is competitively positioned as a brand new, low-maintenance property in a suburb where much of the housing stock is older detached homes. Its three-bedroom, two-bathroom configuration with a double garage and private rear yard directly suits young families, downsizers, and professionals seeking contemporary finishes and convenience. The open-plan layout, timber-look flooring, and split-system air conditioning in all bedrooms and living area elevate its appeal above typical older stock, while the separate bath and ensuite add genuine family functionality. This property serves best as a turnkey home for owner-occupiers wanting modern comfort without renovation or for investors targeting the firm rental demand reflected in the suburb’s yield profile. The brand new condition may command a premium over comparable older townhouses, but the absence of direct comparable sales data means value should be weighed against recent new builds in the immediate area. The double garage and private yard are strong functional advantages, though the property’s position near busy amenity corridors might affect desirability for those seeking absolute quiet. Proximity to trams, shopping centres, and schools reinforces long-term demand, but buyers should consider whether the fitout and finishes justify any price premium relative to slightly older but similarly configured properties.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/38 Flannery Avenue, Bundoora VIC 3083
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Market Insight:

This established suburb presents a stable, family-oriented market with high outright home ownership. Demand is anchored by established households, supporting consistent house price growth, while the unit market offers more varied performance. Recent sales activity is robust, indicating healthy liquidity, and rental yields for units are notably stronger. Future growth will rely on sustained local demand, though the divergence between house and unit performance suggests a nuanced investment landscape.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

559mยฒ

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