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43 Westmoreland Road, Sunshine North VIC 3020

$700,000 - $750,000

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$700k - $735k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 627 m²

Listed: 5th Aug 2026

Updated: 45 days ago

Overview

Situated on a substantial 627 square meter parcel in one of Sunshine North’s most coveted pockets, this property offers a remarkable development opportunity within the Residential Growth Zone 1 (GRZ1). The generous 15.48-metre frontage and 39.62-metre depth present excellent potential for multi-townhouse or multi-level residential development, subject to council approval.

The existing dwelling is a well-maintained three-bedroom home that provides immediate rental income, currently leased at $460 per week. This feature is advantageous for investors or developers looking to hold the property while planning or securing permits. Internally, the home comprises three well-proportioned bedrooms, a central bathroom, a defined living room area, and a functional kitchen, complemented by a single-car garage.

Located close to Victoria University, Sunshine’s town centre, train station, quality schools, parklands, and public transport, the property is exceptionally well positioned to benefit from the area's dynamic growth and increasing buyer demand. This combination of holding income and redevelopment potential makes it a standout investment or land banking prospect for developers, investors, or savvy buyers seeking a blue-chip site in a rapidly evolving precinct.

Local Market Insights

In Sunshine North, Quiet Listings observed 34 new houses entering the market over the last 30 days, up from 33 during the previous 30-day period, with an average advertised asking price of $839,706. The property type mix of listed properties is predominantly Houses at 58%, followed by townhouses (17%), and units (12%). The most active agency for houses in the Sunshine North area is currently Douglas Kay Real Estate, representing 21% of new listings, followed by Ray White with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.