SOLD
Sold on 24 Apr 2024 for $395,000

220 Gap Road
Sunbury VIC 3429

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 593m2
Sold By
Woodards Sunbury
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Property Details for 220 Gap Rd, Sunbury

Building Type
Land
Land Size
593m2
Local Government
Hume
Lot/Plan
103/LP74690

Last Listing description (June 2024)

Positioned for privacy and convenience in an established tree-lined street, this excellent property in a sought-after pocket of Sunbury presents an irresistible opportunity for both investors and renovators. Whether you envision a charming family home with modern upgrades or a boutique development project (subject to council approval), this expansive 593m2 (approx.) level block unlocks a world of possibilities. Location is everything, and this property boasts the best in effortless convenience. Easy freeway access puts you moments away from wider Melbourne and the CBD, the Aldi shopping complex is mere minutes away, and primary and high schools are within close proximity. The existing residence offers a solid foundation for your vision. A generous lounge seamlessly connects via concertina doors to the meals area and kitchen featuring retro tiles and including a freestanding oven with electric cooktop. Three well-sized bedrooms are serviced by a central bathroom featuring a bath and shower, with the toilet conveniently positioned off the internal laundry. Outside, a large paved entertaining area is set in the rear yard framed by established trees along the perimeter. A gated side driveway offers excellent parking, plus there's a double garage, a garden shed, and exterior shutters. This is an incredible opportunity to secure your future in a thriving location close to the vibrant, growing hub of Sunbury with its choice of cafes, restaurants, shops, cinema, and train station.

Property History for 220 Gap Rd, Sunbury, VIC 3429

A timeline of how this property has performed in the market
Last Sold
$395,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $395,000
  • 04 Apr 2024
    Listed for Sale Not Disclosed
  • 27 Nov 1979
    Sold for $30,000

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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 207 properties listed for sale, and 45 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1082 properties were sold in the past 12 months in Sunbury.

Suburb Insights for Sunbury 3429

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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.