11 Mat Rush Avenue, Bundoora VIC 3083
11 Mat Rush Avenue, Bundoora VIC 3083
This is a three-bedroom, two-bathroom townhouse with two car spaces on a 222 square metre lot. Built in the late 1990s or early 2000s, it features floorboards throughout, ducted heating and air conditioning, and a fully fenced yard. The configuration is compact but functional, with three toilets and built-in robes in all bedrooms.
What gives this townhouse a competitive edge is its positioning as a low-maintenance entry point into Bundoora. The fully enclosed garage and fenced yard are rare in this price segment, making it genuinely suited to first-home buyers or investors targeting the rental market. The property sits below the typical stock profile for the suburb, which means it trades on practicality rather than prestige. It serves best the buyer who values immediate livability over space or renovation potential. The school zoning adds a layer of demand that should not be underestimated for resale.
The age of the building may affect long-term value. Constructed over twenty years ago, systems like the roof, plumbing, or heating could require attention in the next five to ten years. The compact lot size might limit future extension options, and the property’s position in a lower price bracket relative to surrounding stock could reflect a less desirable aspect or street presence. A buyer should weigh these factors against the strong rental yield and low holding costs. The lack of heritage or flood overlays is a genuine advantage for insurance and renovation flexibility.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Mat Rush Avenue, Bundoora VIC 3083
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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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
222m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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