SOLD
Sold on 14 Oct 2023 for $605,000

55 Balfour Avenue
Sunshine North VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 483m2
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Property Details for 55 Balfour Ave, Sunshine North

Building Type
Commercial
Land Size
483m2
Local Government
Brimbank
Lot/Plan
38~B/LP12375

Last Listing description (June 2020)

An outstanding opportunity for development is now available!

- Vacant corner block located in Sunshine West

- 485m2 (approx) block size
- IN3Z ( Industrial 3 Zone)
- Moments from McIntyre Road and the Western Ring Road
- Plans and permits approved for a high class office over 2 levels.

Call today for further information.

Property History for 55 Balfour Ave, Sunshine North, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$605,000
14 Oct 2023
  • 14 Oct 2023
    Sold for $605,000
  • 04 Jun 2020
    Sold for $330,000
  • 16 Apr 2020
    Listed for Sale Contact Agent
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About Sunshine North 3020

The size of Sunshine North is approximately 7.9 square kilometres. It has 11 parks covering nearly 8.9% of total area. The population of Sunshine North in 2011 was 10,636 people. By 2016 the population was 11,702 showing a population growth of 10.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a labourer occupation. In 2011, 70.9% of the homes in Sunshine North were owner-occupied compared with 67.2% in 2016.

Sunshine North has 6,883 properties. Over the last 5 years, Houses in Sunshine North have seen a 18.09% increase in median value, while Units have seen a 15.29% increase. As at 31 July 2024:

  • The median value for Houses in Sunshine North is $745,367 while the median value for Units is $554,837.
  • Houses have a median rent of $485 while Units have a median rent of $460.
There are currently 65 properties listed for sale, and 13 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Sunshine north.

Suburb Insights for Sunshine North 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.