4/40-42 Horne Street, Sunbury VIC 3429

Compact townhouse | school catchment advantage | recent complex sale confirms demand | ideal for first-home buyer or investor. This property occupies a defensible position in the Sunbury market: a single-level townhouse with a garage on a 170m² lot, located within walking distance of Sunbury College and Sunbury West Primary School. The recent sale of a comparable 2-bedroom unit in the same complex at $490,000 in December 2025 validates the price guide and signals consistent buyer demand for compact, low-maintenance housing in this corridor. For a first-home buyer or investor seeking a turnkey entry point with reliable rental potential,estimated at $440 per week, aligned with the complex’s actual lease,the unit offers a rare combination of school catchment advantage and established subdivision context, reducing uncertainty around future development or amenity changes. The primary risk is the limited public sales history for this specific unit, with only a 1998 transaction on record, meaning the valuation relies heavily on the single comparable sale within the complex. Buyers should commission a building and pest inspection to confirm structural condition, as the age of the development is not specified. The absence of bushfire, flood, or heritage overlays lowers insurance and compliance costs, while NBN Fibre to the Node and 5G coverage support modern living without being prime value drivers. For an investor, the rental yield sits near 4.8% gross, competitive for the area; a buyer should hold this property as a stable, low-maintenance income stream or a long-term residence with school-linked capital stability.