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Sold on 15 Aug 2024 - Price Unavailable

60 Barrington Lane
Sunbury VIC 3429

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 4447m2
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Property Details for 60 Barrington Lane, Sunbury

60 Barrington Lane, Sunbury is a 4 bedroom, 2 bathroom AcreageSemi-rural. The property has a land size of 4447m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom AcreageSemi-rural sold in Sunbury in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
4447m2

Last Listing description (August 2024)

Raine and Horne Land Victoria is proud to present for sale by Expression of Interest, 60 Barrington Lane, a prestigious investment opportunity with its sprawling 4-bedroom house situated on approximately 1.1 acres of prime land. This property is not just a home but a gateway to a lifestyle enriched with tranquility and convenience, making it a stellar investment for both personal use and rental income.

Key Features and Investment Potential:

Zoning and Development Potential: Positioned in a Low Density Residential Zone (LDRZ), this property offers substantial space for both privacy and potential development (S.T.C.A.), enhancing its investment appeal as Sunbury continues to grow.

Educational Institutions: The property is ideally located near prestigious educational institutions, including Salesian College, ensuring top-tier education opportunities are just a stone's throw away.

Transport Links: Exceptional connectivity via Calder Freeway and Sunbury Railway Station, which are just a short drive away, providing easy access to Melbourne's CBD in approx 35 minutes*, as highlighted by Public Transport Victoria.

Shopping and Leisure: Enjoy local shopping districts, vibrant cafes, and restaurants, along with quick access to the expanding Sunbury Square Shopping Centre, offering a comprehensive retail experience.

Future Growth and Development

Sunbury marks a significant milestone in regional development, promising an influx of new amenities, including parks*, schools*, and enhanced public transport services*, which are set to enrich the community lifestyle markedly.

Rental Market Trends

Rental Demand: Sunbury has experienced a steady increase in rental demand, attributed to its appealing lifestyle and proximity to Melbourne. This trend makes properties like 60 Barrington Lane particularly attractive for investors looking to capitalize on rental income.

Register your best offer before you miss out!!

Call exclusive agents Sukhdeep Gill at 0430 110 610 or Rajwinder Singh at 0433 499 044 today for any questions.

DISCLAIMER: All stated dimensions are approximate only and all photos are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 60 Barrington Lane, Sunbury, VIC 3429

A timeline of how this property has performed in the market
Last Sold
15 Aug 2024
  • 15 Aug 2024
    Sold for $1,200,000
  • 16 Apr 2024
    Listed for Sale Under Contract!
  • 30 Aug 2019
    Sold for $1,050,000
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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 23,031 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 194 properties listed for sale, and 34 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1111 properties were sold in the past 12 months in Sunbury.

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