OFF MARKET

325-375 Reservoir Road
Sunbury VIC 3429

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 174500m2
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Property Details for 325-375 Reservoir Rd, Sunbury

Building Type
Land
Land Size
174500m2
Local Government
Hume
Lot/Plan
2/PS321833

Last Listing description (October 2024)

Dream Land Property Group is excited to present 325-375 Reservoir Road, Sunbury. Located in the prime area of Sunbury, it offers developers and investors a unique opportunity to benefit from the PSP planning process.
The property features and Key Highlights:

Land Size: 17.53 Ha/43.3 Acre in two titles

Lot 84: 8.68 Ha/21.45 Acre
Lot 85: 8.85 Ha /21.87 Acre
Five bedrooms, three bathrooms, nine car spaces, two double garages House and A five-bay machinery shed
Zoning: Urban Growth Zone (UGZ).
PSP: Part of the Sunbury West Precinct Structure Plan (PSP).1095
Prime Location: Situated in the thriving Sunbury-Diggers Rest growth corridor, offering excellent potential for future development and investment.
Scenic Views: Located on the edge of Sunbury township, it has town water and city skyline views.
Convenient Access: Only a few minutes' drive from Sunbury's amenities and future developments.
Proximity to Employment Hubs: Close to Melbourne's northern and western employment hubs.
Easy Commute: Easy access to the Calder Freeway and a 30-minute drive to Melbourne CBD.
Contact Gurpyar Sidhu on 0423 425 436 for More details.

Please see the link below for an up-to-date copy of the Due Diligence Checklist: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Disclaimer: All information provided is accurate to the best of our knowledge, but interested parties are advised to conduct their own due diligence and seek professional advice before making any purchasing decisions.

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Property History for 325-375 Reservoir Rd, Sunbury, VIC 3429

A timeline of how this property has performed in the market
Last Sold
$14,850,000
04 Jun 2019
Listed for Rent
$550/w
29 Nov 2021
  • 26 Jul 2024
    Listed for Sale Contact Agent
  • 29 Nov 2021
    Listed for Rent $550 / week
  • 26 Oct 2020
    Listed for Rent $550 / week
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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 23,012 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 208 properties listed for sale, and 45 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1078 properties were sold in the past 12 months in Sunbury.

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