Bundoora’s median house price in 2026 is $820,000, with units at $480,000. The suburb has recorded 27% five-year growth and unit gross yield averages 4.8%. Bundoora is one of Melbourne’s most affordable university suburbs — anchored by La Trobe University (35,000 students) and RMIT University’s Bundoora campus — making it a consistent high-yield option for investors targeting the education rental market.
Bundoora Median Prices at a Glance
| Property Type | Median Price | 5-Year Growth | Gross Yield |
|---|---|---|---|
| House | $820,000 | 27% | 3.5% |
| Unit/Apartment | $480,000 | 24% | 4.8% |
| Townhouse | $720,000 | 26% | 3.9% |
Why Bundoora Is a Strong Yield Play
Bundoora’s rental market is anchored by La Trobe University and RMIT’s Bundoora campus, generating permanent student and staff demand. The suburb also benefits from the Northern Hospital (Epping, 4km away) and the Bundoora Park and O’Hea’s Creek open space network. Vacancy rates have remained below 2.1% for four consecutive years.
Is Bundoora a Good Investment?
GeeVee AI rates Bundoora 7.4/10 for investment in 2026. It scores well on yield (8/10) and university demand (8/10), with moderate scores on capital growth (6/10) and lifestyle amenity (6/10). GeeVee recommends Bundoora as a cash-flow investment over a capital growth play.
Frequently Asked Questions
What is the median house price in Bundoora in 2026?
The median house price in Bundoora is approximately $820,000 as of Q2 2025 (REIV data).
What is the rental yield in Bundoora?
Unit gross yield in Bundoora averages 4.8%, one of Melbourne’s better yields in a northern suburb.
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