15 Ormond Boulevard, Bundoora VIC 3083
15 Ormond Boulevard, Bundoora VIC 3083
This is a 3-bedroom, 2-bathroom townhouse across three levels with a 2-car garage on a 108m² lot in Bundoora, under the Whittlesea Council area. It last transacted in 2020.
The configuration is competitively strong for a specific buyer: those seeking a newer-style townhouse with vertical space rather than land. A three-level layout with an ensuite and built-in robes in all bedrooms is not common in the older detached stock of Bundoora, giving this property a distinct edge for first-home buyers or small families who prioritise modern internal amenity over a backyard. The two-car garage is a genuine advantage in this price tier, and the light-filled description suggests good orientation. It sits well within Bundoora’s shift toward higher-density living near transport and education hubs, serving buyers who want a lock-and-leave option without sacrificing bedroom count.
The 108m² lot is a material constraint that may affect long-term appeal for buyers accustomed to more outdoor space, and three levels could be a consideration for those with mobility concerns or young children. The price range of $630,000 to $660,000 positions it competitively within the townhouse segment, but the absence of specific finish details means the final value will depend heavily on internal quality and presentation. The 2020 sale date suggests it may be a relatively recent build, which can offer lower maintenance costs, but buyers should verify construction standards and any owners corporation fees that might apply to a multi-unit development.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Ormond Boulevard, Bundoora VIC 3083
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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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
108m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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