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Location

Market Insights for Sunshine North VIC 3020

New Listings (last 30 days)

Average price

$826,967

Lowest price

$600,000

Highest price

$1,200,000

44 Ford Avenue, Sunshine North VIC 3020

$700,000 Neg

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

House 4 Beds 2 Baths 4 Cars 626 m²

Listed: 5 days ago

Updated: 19 hours ago

Overview

This substantial residential house located at 44 Ford Avenue, Sunshine North offers a compelling investment opportunity with excellent rental returns approximately $35,000 per annum on a 626 square meter land parcel. The property is configured as two separate units, making it highly appealing for astute investors seeking steady income streams.

Unit 1 features two spacious bedrooms with built-in-robes, complemented by open plan lounge and dining areas that include a practical dishwasher. The kitchen is vinyl-wrapped and equipped with stainless steel appliances, ensuring durability and convenience. The unit also benefits from a bright bathroom, separate laundry, and climate control amenities such as air-conditioning and wall heaters. Additional features include roller shutters, high ceilings which enhance spaciousness, and timber flooring which imbues warmth and character. Low maintenance design elements make this unit ideal for tenants and landlords alike.

Unit 2 also offers two spacious bedrooms with built-in-robes and emphasizes comfort with a large lounge and dining area. The timber kitchen fitted with stainless steel appliances is functional and visually attractive. The unit is enhanced by tiled and carpeted flooring, air-conditioning, roller shutters, a bright bathroom, and a separate laundry. Its high ceilings and low maintenance backyard contribute added appeal.

Together, the dual units create an efficient rental investment with current tenants paying $1,477 and $1,434 per calendar month respectively. The property’s configuration and features suit investors seeking reliable income with minimal upkeep. The generous garage provision with four parking spaces further enhances its functionality.

Dual dwelling on a large 626 m2 lot
Well-appointed kitchens with stainless steel appliances
High ceilings for a sense of spaciousness
Split climate control including air-conditioning and wall heaters
Roller shutters for security and comfort
Low maintenance finishes and floorings
Good garage and parking spaces

Overall, this property provides an excellent opportunity for investors looking to acquire a versatile, income-generating asset with attractive tenant amenities and a strong location in Sunshine North.

Local Market Insights

In Sunshine North, Quiet Listings observed 30 new houses entering the market over the last 30 days, down from 36 during the previous 30-day period, with an average advertised asking price of $826,967. The property type mix of listed properties is predominantly Houses at 56%, followed by units (13%), and townhouses (13%). The most active agency for houses in the Sunshine North area is currently Douglas Kay Real Estate, representing 30% of new listings. 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.