SOLD
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Sold on 06 Oct 2024 for $930,000

419 Ballarat Road
Sunshine VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 419 Ballarat Rd, Sunshine

419 Ballarat Rd, Sunshine is a 3 bedroom, 1 bathroom House 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 3 bedroom House sold in Sunshine in the last 12 months.

Building Type
House
Local Government
Brimbank
Lot/Plan
2/LP10958

Last Listing description (October 2024)

The location provides the advantage of prime main road visibility in company with Sunshine's medical and corporate giants such as KFC, Bunnings and Sunshine Medical Centre.

A substantial rear access, backyard and front yard hold the key to replicate the required future parking akin to the next door medical centre. STCA.

The sound classic brick residence features three bedrooms, large living room, open plan kitchen and meals area, separate study area, two toilets and multiple off street parking bays.

This property presents an outstanding opportunity in a prime location, poised to capitalise on its strategic positioning, versatile layout, and the potential for substantial rental returns. Whether as a continuation of its successful healthcare legacy or a fresh venture awaiting realisation, this property stands as a testament to both potential and practicality.

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Property History for 419 Ballarat Rd, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$930,000
06 Oct 2024
  • 05 Oct 2024
    Sold for $930,000
  • 11 Sep 2024
    Listed for Sale UNDER CONTRACT.
  • 10 Feb 2020
    Sold for $950,000
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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 5,805 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 55 properties listed for sale, and 20 properties listed for rent in Sunshine on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Sunshine.

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