21 Waxflower Cres, Bundoora VIC 3083

2-bed, 2-bath townhouse | border positioning Bundoora/Mill Park | young demographic skew | immediate move-in condition The property’s core buying case rests on its configuration as a low-maintenance townhouse in a street where half the residents are long-term owners, signalling stable demand. The dual-level layout with separate powder room and contained courtyard offers practical separation rare in this price tier, while freshly painted interiors and new carpet eliminate immediate capital outlay. This unit suits first-home buyers seeking a foothold in a corridor with strong rental depth,47% of residents are aged 20-39, aligning with RMIT proximity,and investors targeting the 50% renter pool. The primary risk is the 47% auction clearance rate on the street, which may pressure resale velocity if market conditions soften; buyers should negotiate firmly within the lower guide range to offset this. Opportunity lies in the shared balcony and split-system cooling across all rooms, features that command premium rent for the upstairs bedrooms. Hold this property as a long-term base or yield-generating rental, leveraging the tram and shopping access to maintain tenant demand.