SOLD
Sold on 15 Jul 2024 for $385,000

506/1 Foundry Road
Sunshine VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
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Property Details for 506/1 Foundry Rd, Sunshine

506/1 Foundry Rd, Sunshine is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Sunshine in the last 12 months.

Building Type
House
Year Built
2014
Floor Size
66m2
Local Government
Brimbank
Lot/Plan
512A/PS702770

Last Listing description (October 2023)

Landmark building in central location next to Sunshine Market Place and close walking distance to train station, library, main shopping district and many other essential services
* 2 bedrooms with built-in mirror robes
* Open plan kitchen/meals and living area bathed in natural sunlight

* Good sized bathroom, European style laundry
* Two north facing balconies, high ceilings
* One allocated car space with storage cage
* Currently leased for $1,738/month. Lease expires 12/05/2024

https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 506/1 Foundry Rd, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$385,000
15 Jul 2024
Listed for Rent
$400/w
03 May 2023
  • 15 Jul 2024
    Sold for $385,000
  • 14 Mar 2023
    Listed for Rent $400 / week
  • 18 Feb 2022
    Listed for Rent $380 / week
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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, 183 properties were sold in the past 12 months in Sunshine.

Suburb Insights for Sunshine 3020

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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.