20 Elwood AvenueSunshine North VIC 3020
Property Details for 20 Elwood Ave, Sunshine North
Last Listing description (March 2026)
Secure a foothold in one of Melbourne's fastest-growing regions with this 590m (approx.) commercial block. Situated within a key industrial development zone, this site represents an economical entry point for forward-thinking investors and land bankers looking to capitalise on long-term capital growth. Also, at the start of the development cycle, slated to be off one of the first street completed within this high-growth precinct.
Key Investment Highlights
Prime Connectivity: Positioned to benefit from over $60 billion in planned infrastructure for the region, ensuring long-term demand as Melbourne's Western and Northern industrial precincts continue to expand.
Future Development Potential: While the land is currently un-serviced, Brimbank Council guidelines indicate a staged introduction of essential infrastructure-including roads, stormwater, sewerage, gas, and water-to the northern area of the estate coming soon.
Zoning Compliance: Confirming permitted uses under current industrial zoning and any applicable overlays.
Take the first step in building your industrial portfolio. Contact us Hamilton on 0426 130 112 or Pulkit 0425 324 005 today to register your interest.
Price Guide: $215,000 - $235,000 & Terms: 5% or 10% deposit, settlement 30/60 days.
(Photo ID is Required at all public and private inspections)
DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information. 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. Some pictures are staged and represent mock furniture that is not included in the sale of the property.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 20 Elwood Ave, Sunshine North, VIC 3020
- 23 Feb 2026Listed for Sale $215,000 - $235,000
- 18 Nov 2022Sold for $232,000
- 09 Nov 2022Listed for Sale $240,000
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0About Sunshine North 3020
The size of Sunshine North is approximately 7.9 square kilometres. There are 11 parks, covering nearly 8.9% of the total area. The population of Sunshine North in 2016 was 11700 people. By 2021 the population was 12047 showing a population growth of 3.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a professional occupation.In 2021, 66.20% of the homes in Sunshine North were owner-occupied compared with 67.20% in 2016.
Sunshine North has 7,314 properties. Over the last 5 years, Houses in Sunshine North have seen a -1.02% decrease in median value, while Units have seen a 21.90% increase. As at 31 July 2026:
- The median value for Houses in Sunshine North is $786,936 while the median value for Units is $658,475.
- Houses have a median rent of $520 while Units have a median rent of $550.
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