7A Foundry Road, Sunshine, VIC 3020 | Property Value & History | OnTheHouse
OFF MARKET

7A Foundry Road
Sunshine VIC 3020

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Property Details for 7a Foundry Rd, Sunshine

Building Type
Land
Year Built
2014
Local Government
Brimbank
Lot/Plan
S4/PS702770

Last Listing description (September 2025)

TWO ALLOTMENT DEVELOPMENT OPPORTUNITY IN MELBOURNE'S WEST

Buy one or buy both - This significant development opportunity offers two adjoining allotments of 3,948m2 (approx.) and 5,317m2 (approx.) totalling 9,265m2 (approx.) of activity centre zone land. Superbly located in central Sunshine, one of Melbourne's fastest growing retail, commercial and employment suburbs. Centrally located next door to Sunshine Marketplace Shopping Centre and with a host of amenities including public transport, retail, recreational and education facilities literally at the doorstep.

Allotments can be purchased separately or together:

7A Foundry Road, Sunshine - approximately 3,948m2. Dual road access. Previously planned for a mixed use development of 13 stories.

21A Foundry Road, Sunshine - approximately 5,317m2. Triple road access. Previously planned for a mixed use development of 15 stories.

Artist photos of the above 2 proposed developments in photos.

This development opportunity in a Flexible Activity Centre (Schedule 1) zoning would suit a mix of various outcomes including a hotel, apartments, commercial and more (STCA).

Sunshine is being illuminated by billions of dollars of planned infrastructure investment, including a projected Costco on Ballarat Road, the Sunshine railway station upgrade and the planned superhub connecting directly with Tullamarine Airport (16km approx.), and just 11.5km to Melbourne's CBD.

For more information please contact the exclusive sales agents Brenda Ngan on 0435152545 or email brenda.ngan@createvic.com.au or Howard Feilding on 0449654958 or email howard.feilding@createvic.com.au

Property History for 7a Foundry Rd, Sunshine, VIC 3020

A timeline of how this property has performed in the market
  • 30 Jul 2025
    Listed for Sale $4,000,000
  • 24 May 2024
    Listed for Sale $8M- $8.5M
  • 18 May 2018
    Listed for Sale Price Upon Application
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About 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 5,917 properties. Over the last 5 years, Houses in Sunshine have seen a 13.87% increase in median value, while Units have seen a 15.11% increase. As at 30 November 2025:

  • The median value for Houses in Sunshine is $881,858 while the median value for Units is $520,759.
  • Houses have a median rent of $500 while Units have a median rent of $465.
There are currently 29 properties listed for sale, and 20 properties listed for rent in Sunshine on OnTheHouse. According to Cotality's data, 232 properties were sold in the past 12 months in Sunshine.

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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.