209/28 Galileo Gwy, Bundoora VIC 3083

2 bed 2 bath 1 car apartment | 75 m² internal | solid rental yield over 5% | same-building sale at $405k in early 2024 This apartment is competitively positioned as a mid-sized two-bedroom configuration with two bathrooms and a car space, which is a stronger offering than older Bundoora stock that often lacks a second bathroom or secure parking. The 75 m² internal area is a useful size for the category, supporting both owner-occupiers seeking low-maintenance living and investors chasing consistent rental demand. The property sits within a medium-density apartment setting that appeals to first-home buyers, downsizers, and those needing access to local employment, university, and transport corridors. The same-building resale history provides a clear price reference, though one comparable showed slightly negative annual growth, suggesting the market for this type may be mixed rather than uniformly strong. The marketing range of $400,000 to $440,000 sits below the estimated value of around $510,000, which may indicate a pricing strategy to generate interest or reflect current market conditions. The rental estimate of $525 to $530 per week points to a solid yield, but this is based on listing estimates rather than a completed lease. The property’s floor level, aspect, and detailed finishes are not confirmed, and these factors could meaningfully influence its appeal and final sale price. A buyer should weigh the same-building sale at $405,000 in early 2024 as a direct comparable, while also considering that the building is at least pre-2016, which may affect perceptions of quality and depreciation.