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Sold on 31 Oct 2024 for $1,230,000

92 Munro Avenue
Sunshine North VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1028m2
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Property Details for 92 Munro Ave, Sunshine North

Building Type
Commercial
Land Size
1028m2
Local Government
Brimbank
Lot/Plan
1/TP137258

Last Listing description (November 2024)

Superb investment opportunity, this warehouse/factory sits on a massive 1028m2 (approx.) allotment in Sunshine North's busy commercial area.

Land area 1028m2 (approx.)
Airconditioned office/reception area, plus staff amenities (kitchenette, 2 toilets) downstairs

Four offices on mezzanine floor
Industrial 3 zone
Fenced with ample onsite parking

The property is prominently located within the tightly held suburb of Sunshine North with easy access to and from Western Ring Road giving easy access to Tullamarine airport, and Melbourne port.

Contact Brenda Ngan on 0435152545 or Lilian Dinh on 0450805714 for further details and to arrange inspection

Property History for 92 Munro Ave, Sunshine North, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,230,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $1,230,000
  • 30 Sep 2024
    Listed for Sale Auction Thursday 31 Oct 2024 at 1:00pm

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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 6,909 properties. Over the last 5 years, Houses in Sunshine North have seen a 10.35% increase in median value, while Units have seen a 12.71% increase. As at 31 October 2024:

  • The median value for Houses in Sunshine North is $726,426 while the median value for Units is $528,491.
  • Houses have a median rent of $480 while Units have a median rent of $500.
There are currently 62 properties listed for sale, and 11 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 195 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.