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Sold on 05 Oct 2024 for $502,000

6/1 Lorraine Court
Sunshine VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/1 Lorraine Ct, Sunshine

6/1 Lorraine Ct, Sunshine is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Sunshine in the last 12 months.

Building Type
Unit
Local Government
Brimbank
Lot/Plan
6/RP15810

Last Listing description (October 2024)

This newly updated 2-bedroom unit embodies modern comfort and style. Step into a residence where every detail has been meticulously crafted to offer a contemporary and functional living experience.
Perfect for first-time home buyers, empty nesters, downsizers, and investors alike, this home is sure to impress upon inspection.

Nestled privately at the rear of the complex and overlooking the Kororoit Creek Trail, this inviting unit features a family-friendly layout with two spacious bedrooms, each with built-in robes. The separate living room opens to a low-maintenance outdoor deck, ideal for entertaining as well as a private courtyard.
The kitchen boasts stone bench tops, a gas cooktop, and a dishwasher, with ample bench and storage space adjoining a generous meals area. Additional highlights include a central bathroom which includes a large tub, a laundry with outdoor access, new timber flooring, fresh paint throughout, split system heating and cooling, plentiful storage, and a remote lock-up garage. There is also ample visitor parking available.
Within walking distance to all forms of public transport and Sunshine's vibrant shopping and cafe precinct.
Why would you want to buy anywhere else?

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Property History for 6/1 Lorraine Ct, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$502,000
05 Oct 2024
  • 05 Oct 2024
    Sold for $502,000
  • 26 Aug 2024
    Listed for Sale $470,000 - $510,000
  • 14 Jul 2016
    Sold for $365,000
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About Sunshine 3020

The size of Sunshine is approximately 4.7 square kilometres. It has 18 parks covering nearly 8.7% of total area. The population of Sunshine in 2011 was 8,837 people. By 2016 the population was 9,755 showing a population growth of 10.4% in the area during that time. The predominant age group in Sunshine is 30-39 years. Households in Sunshine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine work in a professional occupation. In 2011, 61.6% of the homes in Sunshine were owner-occupied compared with 55.8% in 2016.

Sunshine has 5,797 properties. Over the last 5 years, Houses in Sunshine have seen a 15.84% increase in median value, while Units have seen a 9.45% increase. As at 30 September 2024:

  • The median value for Houses in Sunshine is $827,083 while the median value for Units is $471,478.
  • Houses have a median rent of $498 while Units have a median rent of $470.
There are currently 61 properties listed for sale, and 17 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 182 properties were sold in the past 12 months in Sunshine.

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