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38 Shepherds Lane
Sunbury, VIC 3429

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Land 1 bed 1 bath 326500 m²
Listed Date: 2nd May 2026
Last Updated: 15th May 2026
Overview

38 Shepherds Lane, Sunbury VIC 3429

An exceptional opportunity for developers awaits with this expansive land parcel spanning approximately 32.65 hectares. This large allotment offers stunning ground floor views of the city skyline, making it a truly unique investment prospect.

Endorsed plans are in place for the development of 469 high-quality lots, presenting significant potential for growth and profit within the thriving real estate market. This property is perfectly positioned on a new main road, offering convenient access for families and investors alike.

Located just a 10-minute drive from Melbourne Airport and a five-minute drive to Sunbury Town Centre, residents will benefit from proximity to established facilities and the train station, enhancing connectivity and lifestyle.

Situated in the heart of Villawood's Redstone Hill community, the property is surrounded by planned social infrastructure developments including a Redstone Hill Town Centre, sports reserve, wetland park, and a potential non-government school. Additionally, there is a planned P-12 Government School site and retention of the existing home on two large lots, providing a rare chance to secure a foothold in this rapidly evolving neighborhood.

This location offers access to top-tier education and a vibrant community, making it highly desirable for families and investors. The property is located approximately 35.5 kilometers from Melbourne's central business district and is near the prestigious Goonawarra Golf Club, combining urban convenience with recreational opportunities.

Whether seeking a prime investment or a future home site, this property offers an unbeatable combination of location, potential, and lifestyle benefits. Prospective purchasers are encouraged to conduct their own enquiries to verify all information and consider the due diligence checklist provided by Consumer Affairs.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
38 Shepherds Lane
Sunbury VIC 3429
Market Insights for Sunbury VIC 3429
New Listings (last 30 days)
8
Average price
$923,125
Lowest price
$590,000
Highest price
$1,340,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.