FOR SALE
Sale Price Unavailable

20 Balbethan Drive
Sunbury VIC 3429

Bedrooms: 4
Bathrooms: 3
Car spaces: 7
Land area: 2.5ac
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Medium-density residential development (PSP Approved)

Exclusively listed by Area Specialist Sunbury, We proudly present 20 Balbethan Dr, Sunbury.
We are calling all Developers and investors to pay attention to one of the few remaining medium-density residential developments in (the Lancefield Rd PSP) offering 2.5 acres of prime development land with wide street frontage.
The property presents limitless opportunities, including a potential subdivision into 24 Lots (STPA), potential Childcare center/ medium-density townhouses, and a small lot subdivision. the upgrade of Balbethan Dr to allow access to Kimeberly estate makes the development of this property easier and faster than ever.
Neighboring Kimberley Estate will give you easy access to future sewerage lines to speed up your development process and minimize your cost.
A rare opportunity presents itself to capitalize on this development project in one of the fastest growing areas of Melbourne, Sunbury is anticipated to grow by 125% by 2041 reaching 105,000 people, it's the right time to secure your next development project whether you are planning to develop now or in the future to maximize your ROI.
The property is situated in a strategic pocket directly next to the Villawood land sales office, and a future mixed-used development site featuring a supermarket, convenience stores, fast food, gym, medical center, and pharmacy.
It's within walking distance to the future Sunbury North train station, future shopping centers, Govt and Non-Govt schools, future hospital/TAFE, Parklands, sports ovals, and much more.
In addition to the land value, the property includes a high-quality four-bedroom, Three-bathroom home with a double-car garage that has been converted into a cinema room, a central kitchen with an island stone benchtop, ample storage, and top-of-the-range kitchen appliances for the home chef to cook the family’s favorite meal. the house has 4 separate living zones for growing families, and a separate home office if you choose to skip the commute to the office and work from home.
Step outside for morning coffee and enjoy the breeze of the country's fresh air and serenity.
so, rest assured you will generate a great rental income as you proceed with your development project.
See MoreView Statement of Information

Property Details for 20 Balbethan Dr, Sunbury

20 Balbethan Dr, Sunbury is a 4 bedroom, 3 bathroom AcreageSemi-rural with 7 parking spaces. The property has a land size of 2.5ac. The place is currently for sale with Area Specialist Footscray.

Building Type
AcreageSemi-rural
Land Size
2.5ac

Commute Calculator

About Sunbury 3429

The size of Sunbury is approximately 132 square kilometres. It has 93 parks covering nearly 5.3% of total area. The population of Sunbury in 2011 was 34,030 people. By 2016 the population was 36,073 showing a population growth of 6.0% in the area during that time. The predominant age group in Sunbury is 40-49 years. Households in Sunbury are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sunbury work in a trades occupation. In 2011, 79.2% of the homes in Sunbury were owner-occupied compared with 76.5% in 2016.

Sunbury has 23,036 properties. Over the last 5 years, Houses in Sunbury have seen a 23.28% increase in median value, while Units have seen a 16.57% increase. As at 31 October 2024:

  • The median value for Houses in Sunbury is $695,748 while the median value for Units is $482,042.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 194 properties listed for sale, and 40 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1128 properties were sold in the past 12 months in Sunbury.

Sunbury Profile Page

Suburb Insights for Sunbury 3429

Visit Sunbury profile page
Market Insights
Sunbury Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Sunbury Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Sunbury profile page
Contact agent
Adam Elsherif
Show contact details
Call agent
Area Specialist Footscray
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED