SOLD
Sold on 01 Mar 2024 for $204,000

5/437 Ballarat Road
Sunshine VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 3304m2
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Property Details for 5/437 Ballarat Rd, Sunshine

5/437 Ballarat Rd, Sunshine is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 3304m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Sunshine in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
41m2
Land Size
3304m2
Local Government
Brimbank
Lot/Plan
5/RP10721

Last Listing description (January 2019)

This 1 bedroom apartment offers a great rental return of $220pw and an affordable entry into the marketplace. Positioned in central Sunshine and close to the Sunshine shopping Center, Cinema Complex, schools and transport facilities making it an ideal home or investment.
Comprising: 1 generous bedroom with built in robe, spacious lounge room, renovated kitchen with meals area and updated bathroom with laundry facilities.
Features: floating floorboards, car space on title and highly sought after first floor position.

Property History for 5/437 Ballarat Rd, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$204,000
01 Mar 2024
Listed for Rent
$220/w
16 Jan 2018
  • 01 Mar 2024
    Sold for $204,000
  • 07 Jan 2023
    Sold for $230,000
  • 06 Dec 2018
    Sold for $206,000
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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 5,819 properties. Over the last 5 years, Houses in Sunshine have seen a 12.05% increase in median value, while Units have seen a 9.13% increase. As at 31 October 2024:

  • The median value for Houses in Sunshine is $813,559 while the median value for Units is $471,424.
  • Houses have a median rent of $500 while Units have a median rent of $480.
There are currently 65 properties listed for sale, and 28 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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