26 Ernest Street, Sunshine VIC 3020
26 Ernest Street, Sunshine VIC 3020
4 bedroom, 2 bathroom house on approximately 666 square metres, built in 1960 with 154 square metres of internal living space and parking for 2 cars. This is a standalone house in Sunshine, zoned for Sunshine Harvester Primary School and Braybrook College, within the Brimbank council area.
The property competes well in its suburb due to its generous land size and four-bedroom configuration, which is a practical fit for families seeking space without moving to a more expensive corridor. The 1960s build is consistent with the area’s mid-century housing stock, and the larger lot offers room for future extension or renovation, which adds appeal for buyers who want to add value over time. This house serves buyers looking for a solid family home in a residential zone with no hazard overlays, making it a straightforward proposition in a market where land size is often a constraint.
The age of the house may influence its condition, with older structures potentially requiring updates to plumbing, electrical, or roofing systems. The listing price sits above typical entry-level options in the suburb, which might narrow the buyer pool to those with renovation budgets. The rental yield, if considered, would be modest given the price point, so investors should weigh capital growth potential against immediate income. The property’s position in a standard residential zone without notable infrastructure projects nearby means its value will likely track with broader market movements rather than local catalysts.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Ernest Street, Sunshine VIC 3020
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Sunshine presents a compelling entry point into the Melbourne market, attracting first-home buyers and investors drawn by its relative affordability. Recent price trends indicate solid capital growth across both houses and units, with the latter showing particularly strong momentum. The market demonstrates steady turnover, while rental yields, especially for units, remain attractive. Future growth is underpinned by this sustained demand from value-seeking segments, though the pace of sales suggests a measured market rather than one experiencing acute pressure.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
665m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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