SOLD
RECENT ADVICE
Sold on 18 Aug 2024 for $595,000

16 Bungarim Wynd
Sydenham VIC 3037

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 648m2
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Property Details for 16 Bungarim Wynd, Sydenham

Building Type
Land
Land Size
648m2
Local Government
Brimbank
Lot/Plan
686/PS403237

Last Listing description (August 2024)

Situated in one of Sydenham's most sought – after pockets sits a unique opportunity to build your dream home to suit your lifestyle or potential to develop (STCA). Within walking distance to Watergardens Shopping Centre & Train Station, local primary and secondary schools, local parkland and a variety of amenities. Approx 648m2 parcel of land with a wide frontage of 18m2, it's opportunities like these that aren't often found if you are looking to enter into Sydenham with a blank canvas to work with.

Property History for 16 Bungarim Wynd, Sydenham, VIC 3037

A timeline of how this property has performed in the market
Last Sold
$595,000
18 Aug 2024
Listed for Rent
$360/w
06 Mar 2020
  • 07 Aug 2024
    Sold for $595,000
  • 02 Aug 2024
    Listed for Sale $590,000 - $630,000
  • 04 Apr 2024
    Listed for Sale $590,000 - $630,000
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About Sydenham 3037

The size of Sydenham is approximately 3.6 square kilometres. It has 23 parks covering nearly 8.4% of total area. The population of Sydenham in 2011 was 10,323 people. By 2016 the population was 10,829 showing a population growth of 4.9% in the area during that time. The predominant age group in Sydenham is 20-29 years. Households in Sydenham are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sydenham work in a clerical occupation. In 2011, 68.4% of the homes in Sydenham were owner-occupied compared with 64.8% in 2016.

Sydenham has 4,383 properties. Over the last 5 years, Houses in Sydenham have seen a 17.16% increase in median value, while Units have seen a 24.03% increase. As at 31 October 2024:

  • The median value for Houses in Sydenham is $715,577 while the median value for Units is $498,652.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 13 properties listed for rent in Sydenham on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Sydenham.

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