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7 Fitzroy Street, Sunbury VIC 3429

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$2.5M - $2.75M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 3 acres 94 m²

Listed: yesterday

Overview

Situated on an expansive 3-acre parcel within the forthcoming Sunbury West Precinct Structure Plan, this property offers a remarkable blend of residential comfort and long-term development potential. The established three-bedroom, one-bathroom home serves as a solid holding asset while presenting an opportunity for future urban transformation (subject to council approval).

The inclusion of a substantial 250 square meter newly constructed shed adds significant versatility, ideal for hobbyists, small-scale storage, or workshop uses. The property’s zoning under the Urban Growth Zone highlights its strategic value for developers and investors anticipating the area's projected population boom, with Sunbury expected to more than double by 2046.

Residents can appreciate the convenience of proximity to key educational institutions, including Sunbury Downs Secondary College and several primary schools, as well as essential transport and retail hubs like the Sunbury Train Station and Sunbury Square Shopping Centre. Easy freeway access and a reasonable commute to both Melbourne Airport and the CBD enhance its appeal for a diverse range of occupants.

Land area conducive to redevelopment or land banking within a growing growth corridor.
Functional family home providing ongoing holding income options.
Large modern shed supporting a variety of uses, complementing rural and residential lifestyles.
Strategic location close to educational, transport, and shopping amenities.

Overall, this property represents a compelling prospect for developers, land bankers, or families seeking a substantial lifestyle block with future growth opportunities in a rapidly evolving market.

Local Market Insights

In Sunbury, Quiet Listings observed 75 new houses entering the market over the last 30 days, up from 56 during the previous 30-day period, with an average advertised asking price of $845,743. The property type mix of listed properties is predominantly Houses at 89%, followed by units (5%), and townhouses (4%). The most active agency for houses in the Sunbury area is currently Raine & Horne, representing 27% of new listings, followed by Leading Real Estate Sunbury with 20%. 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.