FOR SALE
Under Contract

30 Lancefield Road
Sunbury VIC 3429

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12.24ha
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Prime Development Opportunity

Raine & Horne Land Victoria is proud to offer this superb residential development opportunity within close proximity to the Sunbury Township and walking distance to the future Sunbury South Town Centre.
Located within just 35 minutes of Melbourne and just 15 minutes from Melbourne Airport, the site is located adjacent to major developers due to commence shortly, which will transform this precinct into a vibrant urban hub.
The land has the potential to yield approx-120 lots (STPA) with picturesque on-site parklands as well as convenient access to major arterial roads.
The site summary is as follows:
• 12.24 Ha approx
• 120 lot subdivision (STPA)
• 35 minutes to Melbourne and 15 minutes to Melbourne Airport
• Close proximity to Sunbury township and Sunbury Train Station
• Surrounded by Major Developers, including Villawood, Moremac and Capitol Property Group
• Walking distance to Sunbury South Town Centre, Education Facilities, Reserves and Parklands (including Onsite Parklands)
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Property Details for 30 Lancefield Rd, Sunbury

Building Type
Commercial
Land Size
12.24ha

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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 23,021 properties. Over the last 5 years, Houses in Sunbury have seen a 27.23% increase in median value, while Units have seen a 17.83% increase. As at 30 September 2024:

  • The median value for Houses in Sunbury is $694,522 while the median value for Units is $475,318.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 195 properties listed for sale, and 33 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1079 properties were sold in the past 12 months in Sunbury.

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Sukhdeep Gill
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Rajwinder Singh
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Raine & Horne Land Victoria
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