430 Racecourse RoadSunbury VIC 3429
Property Details for 430 Racecourse Rd, Sunbury
430 Racecourse Rd, Sunbury is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2000. The property has a land size of 13270m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (December 2023)
Area Specialist Footscray is proud to present to you a Prime Development Opportunity: 5 Acres with an Existing 4-bedroom House.
Welcome to a rare and lucrative investment opportunity nestled within 5 expansive acres of pristine land. This development property is poised for transformation, offering the prospect of creating 2000sqm lots, each contributing to a vibrant community.
Key Features:
1. Strategic Location: Situated on flat terrain, the property enjoys a prime location that combines tranquillity with accessibility. It provides an ideal canvas for crafting a residential enclave that seamlessly blends with the surrounding natural beauty.
2. Generous Size: Spanning 5 acres, the property provides ample space for thoughtful subdivision. This allows for the creation of 2000sqm lots, catering to the modern homeowner's desire for a balance between space and convenience.
3. Existing 4-Bedroom House: A unique aspect of this development is the inclusion of a well-appointed 4-bedroom house. This pre-existing structure not only adds character to the property but also presents the possibility of incorporating it into the development plan, providing a diverse housing option within the community.
The level topography of the land simplifies the development process, minimizing grading and excavation costs. This, in turn, facilitates a smoother construction process for the envisioned residential lots.
4. Investment Potential: Given the demand for well-planned, residential developments, this property represents a solid investment opportunity. The combination of thoughtful design, a prime location, and the inclusion of an existing residence makes it an attractive proposition for both developers and future homeowners.
for more details or to book your private inspection, please contact Adaam Elsherif on 0413 222 069.
(Photo ID is required at all open for inspection)
Due diligence checklist - for home and residential property buyers -
www.consumer.vic.gov.au/duediligencechecklist.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are
for general information only and do not constitute any representation on the part
of the vendor or agent.
we do not take responsibility for any inaccuracies. Accordingly, all interested
parties should make their own inquiries to verify the information.
Property History for 430 Racecourse Rd, Sunbury, VIC 3429
- 15 Feb 2023Listed for Sale Contact Agent
- 14 Feb 2023Listed for Rent $800 / week
- 19 May 2022Listed for Rent $780 / week
Recent sales nearby
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0About 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 25,354 properties. Over the last 5 years, Houses in Sunbury have seen a 23.72% increase in median value, while Units have seen a 22.44% increase. As at 28 February 2026:
- The median value for Houses in Sunbury is $762,967 while the median value for Units is $527,086.
- Houses have a median rent of $550 while Units have a median rent of $450.
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