FOR SALE

7 Union Street
Sunshine VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 488m2
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Property Details for 7 Union St, Sunshine

Building Type
Land
Land Size
488m2
Local Government
Brimbank
Lot/Plan
31/LP9044

Last Listing description (September 2024)

A prime opportunity awaits both developers and homebuyers to secure this remarkable 488m allotment in the vibrant heart of Sunshine. Whether youre dreaming of building your ideal home or taking advantage of the endorsed plans and permits for two spacious, 25sq four-bedroom duplex townhouses, the choice is yours.

Situated just 13km from Melbournes bustling CBD, this block is nestled in a welcoming neighborhood known for its warmth and charm. Its strategic location offers easy access to Sunshine Marketplace, Central West Plaza, and Matthews Hill Reserve, and its only a short stroll from Sunshine Train Station and bus route 216 on Monash St. Convenience is at your doorstep, with quality schools such as Our Ladys Primary School, Dinjerra Primary School, Sunshine North Primary School, Caroline Chisholm Catholic College, and Braybrook College within the zone.

Exciting future developments, including the Melbourne Airport Rail Link, along with the nearby Sunshine Leisure Centre and Sunshine Library, further enhance the appeal of this prime location.

Property History for 7 Union St, Sunshine, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$590,000
18 Jun 2016
  • 26 Sep 2024
    Listed for Sale $780,000 - $830,000
  • 18 Jun 2016
    Sold for $590,000
  • 16 May 2016
    Listed for Sale Contact David Lai - 0418 349 875
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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 5,806 properties. Over the last 5 years, Houses in Sunshine have seen a 19.95% increase in median value, while Units have seen a 15.05% increase. As at 31 August 2024:

  • The median value for Houses in Sunshine is $844,273 while the median value for Units is $504,093.
  • Houses have a median rent of $495 while Units have a median rent of $450.
There are currently 60 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.

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.