10 Cherrywood Court, Bundoora VIC 3083

Peaceful court bowl | low-site-coverage house | zoned to Bundoora schools | versatile floorplan with gas fireplace This property’s strongest buying case lies in its low 26% site coverage on a 631sqm lot, which is rare in Bundoora and leaves significant room for future extension, a pool, or a substantial garden without compromising the existing open-plan living. The gas fireplace, timber kitchen overlooking the deck, and hardwood floors create a warm, low-maintenance interior that suits families or downsizers seeking immediate comfort without renovation. Being zoned for Bundoora Primary and Secondary College, with La Trobe and RMIT nearby, reinforces its appeal to households prioritising schooling and long-term stability in a quiet court location off Plenty Road. The main risk is the property’s age and the fact that it last sold a decade ago for $676k, meaning the current $850k–$900k range reflects significant local growth but also leaves limited short-term capital gain if the market softens. The lack of heritage or flood overlays is a planning advantage, but buyers should budget for potential updates to ducted heating or evaporative cooling within five years. Rental yield at 3.5% is modest for an investor, though the low-maintenance garden and extra-long driveway to a lock-up garage support steady tenant demand. Hold this property as a family home first, and treat its land-to-building ratio as the real long-term value.