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40 St Ronans Court
Sunbury VIC 3429

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 20m2
Land area: 5.5ac
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Prime Investment and development opportunity in Sunbury

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 local convenience centre.
Located within just 38 minutes of Melbourne and just 18 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-48 lots (STPA) with picturesque on-site parklands as well as convenient access to major arterial roads.
Site summary as follows:
• 2.23 Ha
• 48 lot subdivision (STPA)
• 38 minutes to Melbourne and 18 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 the future local convenience centre.
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Property Details for 40 St Ronans Ct, Sunbury

Building Type
Commercial
Floor Size
20m2
Land Size
5.5ac

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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 23,065 properties. Over the last 5 years, Houses in Sunbury have seen a 20.90% increase in median value, while Units have seen a 17.62% increase. As at 30 November 2024:

  • The median value for Houses in Sunbury is $688,962 while the median value for Units is $489,726.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 173 properties listed for sale, and 32 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1176 properties were sold in the past 12 months in Sunbury.

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Sukhdeep Gill
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Atul Sama (Sunny)
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Raine & Horne Land Victoria
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