The Bundoora VIC median house price in 2026 sits at approximately $870,000, reflecting steady demand from families, investors and first-home buyers drawn to this established northern Melbourne suburb. Read on for a full breakdown of recent sales data, market trends, rental yields and what buying, selling or investing in Bundoora Vic really looks like right now.

What Is the Bundoora VIC Median House Price in 2026?

CoreLogic data indicates that the median house price in Bundoora VIC reached approximately $870,000 in the first half of 2026, representing a year-on-year increase of roughly 4.2% from the 2025 median of around $835,000. On a quarter-on-quarter basis, values have nudged up by approximately 1.1% over the most recent three-month period, suggesting a market that continues to grind upward despite broader cost-of-living pressures across Melbourne.

For units and apartments, the median sits considerably lower, at approximately $530,000, making Bundoora one of the more accessible entry points in Melbourne’s northern corridor for buyers who cannot yet stretch to a freestanding home.

Recent Sold Comparables in Bundoora

• 3-bedroom house, Plenty Road precinct: sold for $855,000 (Q1 2026)
• 4-bedroom house, Kingsbury Drive area: sold for $940,000 (Q1 2026)
• 2-bedroom unit, near La Trobe University: sold for $510,000 (Q2 2026)
• 3-bedroom townhouse, South Bundoora: sold for $780,000 (Q2 2026)

These comparables illustrate that well-presented family homes in the south of the suburb, closest to the Heidelberg and Ivanhoe amenity belt, consistently achieve above the median, while older-style homes further north trade at a slight discount.

What Do the Numbers Say About the Bundoora Vic Property Market?

The headline median price tells only part of the story. Several supporting data points paint a more complete picture of the Bundoora Vic property market in 2026.

Rental Yield

According to CRMBrain 2026 research, Bundoora’s gross rental yield stands at 5.2%. That figure is notably strong relative to the broader Melbourne average, which CoreLogic reports at closer to 3.5% for houses. For investors weighing up Bundoora Vic against inner-ring suburbs, a 5.2% gross yield provides meaningful cash-flow buffer, particularly as interest rates remain a live consideration for leveraged portfolios.

Vacancy and Rental Demand

SQM Research’s latest figures show that Bundoora’s rental vacancy rate has remained below 1.5% through the first half of 2026, driven heavily by the proximity of La Trobe University and the Austin Health / Northern Hospital medical precinct. Student and healthcare-worker demand keeps rental stock tight, which in turn supports both yield and long-term capital growth.

Liveability Indicators

Per GeoRisk 2026 data, Bundoora carries minimal flood risk, an important factor for buyers conscious of insurance costs and climate resilience. Air quality measured at the nearest monitoring station (Macleod) recorded a PM2.5 reading of 0 µg/m³, classified as Good, making the suburb an appealing choice for families with young children or residents with respiratory health considerations. GeoRisk 2026 data also identifies 39 aged-care facilities within a 5km radius, underlining the suburb’s suitability for downsizers and retirees who want to remain close to care services without sacrificing the feel of a leafy residential neighbourhood.

How Does Bundoora Compare to Nearby Suburbs?

Context matters when evaluating median house prices. Bundoora’s $870,000 median positions it as genuinely affordable relative to some of its neighbours. For comparison, the median house price in Ivanhoe trends well above $1.4 million, reflecting that suburb’s heritage streetscapes and proximity to the Yarra. Further south, the median house price in Reservoir has been climbing through the mid-$800,000s, making Bundoora broadly comparable but with the added drawcard of more land per dollar as you move toward the outer fringe of the suburb.

What Are the Key Considerations When Buying or Selling in Bundoora Vic?

Whether you are buying, selling or investing in Bundoora Vic, there are several suburb-specific factors worth weighing before you act.

Buying in Bundoora Vic

Buyers should be aware that Bundoora is a large suburb with meaningful internal price variation. Streets close to the Ring Road and the university precinct tend to attract investor-grade stock and smaller lot sizes, while the elevated sections of South Bundoora closer to Montmorency and Greensborough offer larger allotments and a quieter, more family-oriented feel. According to CoreLogic data, the median days on market for Bundoora houses in early 2026 is approximately 28 days, which means quality stock moves quickly. Pre-approval and a clear brief before you start inspecting is essential.

• Check whether the property sits within a proposed rezoning corridor (Banyule City Council has active structure plans).
• Confirm access to public transport: the 86 tram terminus at Bundoora, plus bus routes 360 and 902, provide solid connectivity.
• Inspect for any easements associated with the Darebin Creek and associated drainage corridors in the northern parts of the suburb.

Selling in Bundoora Vic

Vendors in Bundoora Vic in 2026 are benefiting from a pool of buyers who have been priced out of Heidelberg, Rosanna and Ivanhoe but still want proximity to the Austin Health precinct and quality state schools such as Bundoora Primary and Viewbank College. Presenting your home for maximum appeal to families and health-sector professionals is a proven strategy. Auction clearance rates in Melbourne’s northern suburbs averaged around 68% in the first half of 2026, per Real Estate Institute of Victoria (REIV) reporting, which makes auction a competitive sale method for well-located Bundoora properties.

Investing in Bundoora Vic

The combination of a 5.2% gross rental yield (CRMBrain 2026), a sub-1.5% vacancy rate and consistent population inflows from the university and hospital precincts makes Bundoora a compelling proposition for yield-focused investors. Townhouse and dual-occupancy opportunities exist on larger Res B zoned blocks, though you should always obtain independent planning advice before banking on development uplift. For investors exploring the broader northern corridor, it is also worth reviewing the median house price in Preston to understand how Bundoora’s yield profile compares to a suburb with greater gentrification momentum.

How Does Collings Real Estate Help Buyers, Sellers and Investors in Bundoora?

Collings Real Estate has been operating across Melbourne’s northern and inner suburbs for decades. Our agents carry granular knowledge of the Bundoora Vic property market, including off-market opportunities that never reach the public portals. Whether you are trying to establish what your home is worth, identify the right investment-grade property, or simply navigate a complex market with confidence, our team brings local expertise backed by current data.

Access Off-Market Properties

Many of the strongest transactions in Bundoora in 2026 have occurred quietly, before properties ever reach Domain or realestate.com.au. Registering on the Collings off-market property portal gives you early access to listings matched to your criteria, so you can move before the crowd.

Free Property Appraisal

If you are thinking about selling in Bundoora Vic, the most important first step is understanding what your property is genuinely worth in today’s market, not what it was worth twelve months ago. Our appraisals are obligation-free, grounded in comparable sales data, and delivered by agents who actually work in your neighbourhood.

Request a free property appraisal from Collings Real Estate today and get a clear, honest picture of your Bundoora home’s current market value.

Frequently Asked Questions About Bundoora VIC Median House Prices

What is the median house price in Bundoora VIC in 2026?

CoreLogic data indicates the median house price in Bundoora VIC is approximately $870,000 in 2026, up around 4.2% year-on-year from 2025.

Is Bundoora a good suburb to invest in?

Yes. According to CRMBrain 2026 research, Bundoora’s gross rental yield sits at 5.2%, well above the Melbourne average, supported by strong tenant demand from La Trobe University and the nearby hospital precinct. Vacancy rates remain below 1.5%.

How quickly are homes selling in Bundoora?

CoreLogic data shows the median days on market for Bundoora houses is approximately 28 days in early 2026, indicating a market where well-priced properties attract buyers quickly.

What is the flood risk in Bundoora?

Per GeoRisk 2026 data, Bundoora carries minimal flood risk, making it a sound choice for buyers concerned about climate resilience and insurance costs.

How does Bundoora’s median price compare to nearby suburbs?

Bundoora’s $870,000 median is more affordable than Ivanhoe (above $1.4 million) and broadly comparable to Reservoir. It offers strong relative value given its access to universities, hospitals and established infrastructure.

Understanding the Bundoora Vic median house price in context, supported by yield data, liveability indicators and comparable sales, is what separates confident property decisions from costly guesses. Collings Real Estate is here to help you make the right move. Request your free appraisal today.