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Sold on 22 Jul 2024 - Price Unavailable

7 Ligar Street
Sunbury VIC 3429

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 998m2
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Property Details for 7 Ligar St, Sunbury

7 Ligar St, Sunbury is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 998m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Sunbury in the last 12 months.

Building Type
House
Land Size
998m2
Local Government
Hume
Lot/Plan
7~27/PP5744

Last Listing description (July 2024)

This is not just an average opportunity to reap rewards from this investment but rather a premium one!

The existing home is solid and offers an excellent current rental return from long term tenants. Featuring a formal lounge, 3 bedrooms, BIR's serviced by a central bathroom, kitchen/ meals has modern appliances. Outside a double garage/storage completes the picture.

This large parcel of land with a 20 meter ( approx ) frontage boasts many options. Due to the perfect positioning of the home presenting ample side access, the savvy investor could retain the dwelling and then construct a rear multi unit development (s.t.c.a.) Other options could be to plan and obtain a substantial development permit while maintaining an income from the home.(s.t.c.a.). Finally the home may also suit those looking for a potential Business opportunity , ideally Allied Health or other profession due to excellent main road exposure . (s.t.c.a.)

Just a few minutes walk to all township amenities including Aquatic Centre, Metro/V-Line, central shopping, cafes/restaurants and other facilities.More information available upon request.

Terms may be negotiable.

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Property History for 7 Ligar St, Sunbury, VIC 3429

A timeline of how this property has performed in the market
Last Sold
22 Jul 2024
  • 22 Jul 2024
    Sold for $690,000
  • 28 Jun 2024
    Sold for $690,000
  • 28 Nov 2023
    Listed for Sale $880,000 - $940,000
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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 23,029 properties. Over the last 5 years, Houses in Sunbury have seen a 32.12% increase in median value, while Units have seen a 16.10% increase. As at 31 July 2024:

  • The median value for Houses in Sunbury is $697,335 while the median value for Units is $467,395.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 213 properties listed for sale, and 37 properties listed for rent in Sunbury on OnTheHouse. According to CoreLogic's data, 1057 properties were sold in the past 12 months in Sunbury.

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