Knowledge Centre

September 26, 2022

𝗔𝗺𝗼𝗻𝗴 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗰𝗶𝘁𝗶𝗲𝘀, 𝗠𝗲𝗹𝗯𝗼𝘂𝗿𝗻𝗲 𝗵𝗮𝘀 𝗮𝗹𝘄𝗮𝘆𝘀 𝗯𝗲𝗲𝗻 𝘁𝗵𝗲 𝗵𝗼𝘁 𝗽𝗹𝗮𝗰𝗲 𝗳𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀. 𝗦𝗼, 𝘄𝗵𝘆 𝗻𝗼𝘁 𝗶𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗵𝗼𝘂𝘀𝗲 𝗮𝗻𝗱 𝗹𝗮𝗻𝗱 𝗽𝗮𝗰𝗸𝗮𝗴𝗲 𝗶𝗻 𝗦𝘂𝗻𝗯𝘂𝗿𝘆?

𝗞𝗲𝗲𝗽 𝗿𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗼 𝗸𝗻𝗼𝘄 𝘄𝗵𝘆 𝗦𝘂𝗻𝗯𝘂𝗿𝘆 𝗶𝘀 𝗮 𝘄𝗼𝗿𝘁𝗵𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁!

Sunbury is known as the best yielding suburb for rental properties posting a 𝟯.𝟮% 𝗿𝗲𝘁𝘂𝗿𝗻 and 𝟮𝟬.𝟯𝟳% 𝗴𝗿𝗼𝘄𝘁𝗵 in median prices over a three-year period. Other than that, it has been recognized as one of the suburbs in Melbourne with median property value increase and capital gains, based on year-to-date figures. Based on five years of sales, Sunbury has seen a compound growth rate of 7.5% for houses and 8.5% for units.

With the nearby wineries, heritage walking trails, a growing choice of top-rate restaurants, a thriving community sports scene and generous-sized blocks on which to live, as well as the new estates line the hills, providing spectacular views of Melbourne’s CBD on a clear day or night, it is no doubt why people love Sunbury. Not to mention the fact that it is positioned just a 20 minute drive to the Melbourne fringe, it’s easy to see why a growing number of people are choosing to call Sunbury home.

𝗚𝗲𝘁 𝘁𝗼 𝗼𝘄𝗻 𝘁𝗵𝗶𝘀 𝗛𝗼𝘂𝘀𝗲 𝗮𝗻𝗱 𝗟𝗮𝗻𝗱 𝗽𝗮𝗰𝗸𝗮𝗴𝗲 𝗶𝗻 𝗦𝘂𝗻𝗯𝘂𝗿𝘆 𝗳𝗼𝗿 𝗼𝗻𝗹𝘆 $𝟱𝟵𝟬,𝟵𝟰𝟳!

Land Size: 294 sqm

House Size: 183.29 sqm

Facing: North

4 Bedrooms

2 Bathrooms

2 Cars for Garage

Settlement Date: Approximately June 2023

𝗦𝘂𝗻𝗯𝘂𝗿𝘆 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗣𝗿𝗼𝗳𝗶𝗹𝗲

Number of Sales: 670 sold house properties

79.2% Owner-Occupied Homes

Average Days on Market: 13 Days

Median House Sales Price: $650,000

Median Rent: $400 PW

Gross Rental Yield: 3.5%

Compound Growth Rate of 7.5% over 12 months

𝗪𝗵𝘆 𝗖𝗵𝗼𝗼𝘀𝗲 𝗦𝘂𝗻𝗯𝘂𝗿𝘆

Reasonable and Affordable Housing Price Package

Friendly and Neighbourly Spirit Community

Surrounded by Educational Facilities

Plenty of Job Opportunities

Easy and Full Access to All Amenities

Number of Parks and Recreational Places

Lots of Major Tourism Attractions

𝗟𝗼𝗰𝗮𝗹 𝗥𝗲𝘃𝗶𝗲𝘄𝘀 𝘁𝗼 𝗦𝘂𝗻𝗯𝘂𝗿𝘆

“𝘈𝘴 𝘢 10 𝘺𝘦𝘢𝘳 𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵, 𝘪𝘵’𝘴 𝘢 𝘭𝘰𝘷𝘦𝘭𝘺 𝘱𝘭𝘢𝘤𝘦 𝘵𝘰 𝘭𝘪𝘷𝘦. 𝘐’𝘮 𝘩𝘢𝘱𝘱𝘺 𝘵𝘰 𝘣𝘦 𝘩𝘦𝘳𝘦!”

“𝘈𝘯 𝘢𝘧𝘧𝘰𝘳𝘥𝘢𝘣𝘭𝘦 𝘯𝘪𝘤𝘦 𝘱𝘭𝘢𝘤𝘦 𝘵𝘩𝘢𝘵 𝘨𝘪𝘷𝘦𝘴 𝘺𝘰𝘶 𝘴𝘰𝘮𝘦 𝘴𝘱𝘢𝘤𝘦, 𝘤𝘭𝘦𝘢𝘯 𝘢𝘪𝘳, 𝘢𝘯𝘥 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨 𝘺𝘰𝘶 𝘯𝘦𝘦𝘥 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘢 𝘨𝘳𝘦𝘢𝘵 𝘭𝘪𝘧𝘦𝘴𝘵𝘺𝘭𝘦.” – 𝗦𝘂𝗻𝗯𝘂𝗿𝘆 𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁

So what are you waiting for? Promising perks here in Wyndham Vale that will let you fully enjoy your new home with your growing family awaits you to indulge in!

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