34/36 Gap Road, Sunbury, VIC 3429 | Property Value & History | OnTheHouse
OFF MARKET

34/36 Gap Road
Sunbury VIC 3429

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Property Details for 34/36 Gap Rd, Sunbury

Building Type
Unknown
Local Government
Hume

Last Listing description (May 2025)

Combining 2 sites totaling 1593m2 approx, this ideal location within walking distance to the heart of Sunbury including shops/train station offers enormous development opportunities.
Coordinated within the Hume City council Planning Scheme, the ability to build a multi level development to cater for the ever growing population of Sunbury is on offer STCA.
A population projected to grow from 39,188 in 2021 to 58,777 by 2031 and further to 106,049 by 2041. Thats a growth estimate of almost 50% by 2031 and 170% by 2041. Your opportunity to benefit from this growth is only limited by your imagination.

With a yearly lease return from both sites of $120,000 plus outgoings, the revenue stream runs until 2036 when the leases for the current tenants expire. The options and profit potential are endless. Call now to discuss in more detail.

Property History for 34/36 Gap Rd, Sunbury, VIC 3429

A timeline of how this property has performed in the market
  • 26 May 2025
    Listed for Sale $3,800,000 - $4,000,000
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About Sunbury 3429

The size of Sunbury is approximately 132.0 square kilometres. It has 93 parks covering nearly 5.3% of total area. The population of Sunbury in 2016 was 36084 people. By 2021 the population was 38851 showing a population growth of 7.7% in the area during that time. The predominant age group in Sunbury is 30-39 years. Households in Sunbury are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunbury work in a professional occupation.In 2021, 77.60% of the homes in Sunbury were owner-occupied compared with 76.50% in 2016.

Sunbury has 24,969 properties. Over the last 5 years, Houses in Sunbury have seen a 26.59% increase in median value, while Units have seen a 21.25% increase. As at 30 November 2025:

  • The median value for Houses in Sunbury is $748,355 while the median value for Units is $511,212.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 165 properties listed for sale, and 43 properties listed for rent in Sunbury on OnTheHouse. According to Cotality's data, 1642 properties were sold in the past 12 months in Sunbury.

Suburb Insights for Sunbury 3429

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.