19 Warramunga Road, Bundoora VIC 3083

19 Warramunga Road, Bundoora VIC 3083
Modern family residence | 4 beds & 3-4 baths | 278sqm large build | 4 car spaces | Exclusive Mt Cooper Estate location This property presents a compelling proposition due to its above-average configuration and scarcity profile within its immediate context. The combination of a 278-square-metre building on a 457-square-metre lot, serviced by four bedrooms, three to four bathrooms, and four car spaces, creates a product that is operationally superior to typical stock in Bundoora. This scale of accommodation and utility is rare for the area, directly targeting the established or expanding family demographic seeking space and convenience without compromising on location. Its position within the noted Mt Cooper Estate reinforces a low-maintenance, modern living environment, while the absence of bushfire or heritage overlays streamlines the holding experience. The recent rental uptake, leased within 41 days, signals solid underlying demand for quality housing in this configuration. Proceed with the understanding that the primary risk is market timing against the Expressions of Interest campaign, which may compress due diligence. The opportunity lies in securing a property whose functional excess-in both living area and parking-provides a durable buffer against market fluctuations and appeals to a premium segment of the local rental or owner-occupier pool. The commercial logic is clear: this house is a high-utility asset in a stable catchment. Acquire for long-term hold as a principal residence or a high-amenity investment; its size and finish position it to outperform standard subdivision stock in both capital growth and tenant appeal. Recent comparable sales demonstrate the premium for size and quality: * **15 Jan 2026:** 3 bed, 2 bath, 2 car on 488mΒ² sold for $1,410,000. * **15 Dec 2025:** 4 bed, 3 bath, 2 car on 383mΒ² sold for $1,205,000. These transactions validate a strong market for family homes, indicating that 19 Warramunga Road, with its larger building, additional bathroom and parking capacity, should command a price point meaningfully above the December sale, likely aligning with or exceeding the January figure given its more comprehensive offering.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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

4

Bathroom

4

Parking

2

Land

457mΒ²

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