702A/1095 Plenty Road, Bundoora VIC 3083

No recent sales data | median softening | days on market rising | new supply pressure The primary risk is pricing exposure to a softening 2-bedroom unit market where median values are static and average selling time has stretched to 40 days. Listed 9 days ago without price disclosure, the buyer should anchor the offer near the lower end of the suggested range to build immediate equity. The property’s size and direct orientation to the balcony are tangible advantages over comparable units on the strip. Holding period should be four to seven years to absorb any short-term value drift from the supply of new apartments nearby. This property should be bought below market midpoint and used as a stable, low-turnover rental. This unit’s competitive strength is its true two-bedroom, two-bathroom format with a private balcony—rare for the price bracket. It serves the owner-occupier who wants a manageable home base near the tram line and shops, or the investor seeking consistent tenant appeal. The stone benchtops and timber flooring lift it above identical floor plans in the same building, giving the buyer a better hold against vacancy. Broaden your search to include 2-bedroom units sold in this complex during the past six months, then submit an offer five percent below the median to secure it.