FOR SALE
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Contact Agent For Address
Sunbury VIC 3429

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Land area: 50ac
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Development opportunity

An exceptional 50-acre land holding that offers a prime investment opportunity with the potential for future development.
Situated in a highly sought-after location, this property offers the perfect combination of privacy and convenience, with easy access to major highways and a range of amenities, including schools, shopping centers, and healthcare facilities.
The property features a generous 50-acre land holding that is zoned for development. With its location in a growing area with a high demand for housing, this property offers a unique opportunity to invest in a high-value project.
• This 50 acres (Approx) strategic location, which comes under the Sunbury South PSP, is suitable for residential housing with its close proximity to the proposed town center and Sunbury South Train Station.
• 34kms (approx.) from Melbourne CBD and 16kms (approx.) to Melbourne Airport
• Sunbury Town Centre is approx. 2.5km
• The vendors will consider a genuine, reasonable offer.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for Contact Agent For Address, Sunbury

Building Type
Commercial
Land Size
50ac

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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 23,034 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 191 properties listed for sale, and 35 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1112 properties were sold in the past 12 months in Sunbury.

Suburb Insights for Sunbury 3429

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Contact agent
Sukhdeep Gill
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Rajwinder Singh
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Raine & Horne Land Victoria
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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.