7 Thorpe StreetSunshine VIC 3020
Property Details for 7 Thorpe St, Sunshine
7 Thorpe St, Sunshine is a 5 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 515m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Sunshine in the last 12 months.
Last Listing description (April 2024)
Nestled in a location that embodies the pinnacle of lifestyle convenience, this original residence, spanning approximately 515m2, presents a myriad of opportunities within the Activity Centre Zone. The Activity Zoning provides a distinctive prospect to develop a high-density, 4-5 level mixed-use enclave comprising residential town homes/apartments, commercial retail spaces, offices, and medical facilities — subject to council approval.
Featuring five bedrooms, a practical kitchen and dining area, a generous lounge, a central bathroom, a secure lock-up garage, and more.
Conveniently located just a short walk from Sunshine's Station, Hampshire Road's lively cafes and restaurants, Sunshine Shopping Precinct, Pollard Gardens, Parsons Reserve, Sunshine Primary School, and more, the property invites residents to seamlessly integrate into the local community. Whether opting to move in and relish immediate comforts or pursuing an investment strategy by collecting rent and exploring future development options, the possibilities are diverse and promising.
Property History for 7 Thorpe St, Sunshine, VIC 3020
- 25 Sep 2024Listed for Rent $500 / week
- 18 Apr 2024Sold for $820,000
- 31 Jan 2024Listed for Sale Under offer.
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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.
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