Property Details for 22 Watt St, Sunshine
Last Listing description (May 2023)
Permitted Development Site
Only metres from the proposed Sunshine Rail Hub, linking Melbourne CBD to the Tullamarine Airport, a ground floor opportunity on a valuable 776m2 site with wide frontage, valuable and flexible Activity Centre Zoning.
Minutes to all that Sunshine has to offer including Marketplace and Sunshine Plaza shopping centres, Victoria University, Western Ring Road, Westgate and Tullamarine freeways, with direct access to the Melbourne CBD and Metropolitan Melbourne
This site comes with Approved Plans and Permits to build 27 apartments and 1 commercial/retail spaces in a superb location - Permit until 2023.
Property History for 22 Watt St, Sunshine, VIC 3020
- 04 Aug 2022Listed for Sale $2,000,000 + GST
- 20 May 2021Listed for Sale $1,900,000 - $2,100,000
- 01 Jul 2020Listed for Sale PERMITTED DEVELOPMENT SITE
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0About Sunshine 3020
The size of Sunshine is approximately 4.7 square kilometres. It has 18 parks covering nearly 8.7% of total area. The population of Sunshine in 2016 was 9768 people. By 2021 the population was 9445 showing a population decline of 3.3% in the area during that time. The predominant age group in Sunshine is 30-39 years. Households in Sunshine are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine work in a professional occupation.In 2021, 55.70% of the homes in Sunshine were owner-occupied compared with 55.80% in 2016.
Sunshine has 5,909 properties. Over the last 5 years, Houses in Sunshine have seen a 7.82% increase in median value, while Units have seen a 5.44% increase. As at 31 March 2026:
- The median value for Houses in Sunshine is $890,147 while the median value for Units is $516,556.
- Houses have a median rent of $530 while Units have a median rent of $465.
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