13 Heysen Drive, Sunbury VIC 3429
13 Heysen Drive, Sunbury VIC 3429
Large 802m² block | 5-bed family layout | 4-car accommodation | 1975 build, updated | Sunbury family demand
This property holds a clear competitive edge for its suburb. The combination of five bedrooms, four car spaces, and an 802 square metre allotment places it above the typical family house in Sunbury, where many homes offer less land and fewer rooms. The 1975 build has been modernised with a new oven, dishwasher, gas cooktop, and split system cooling, which means a buyer gets the space of older stock without the immediate need for major updates. Multiple living zones and a versatile floorplan suit growing families or those who want room for guests and hobbies. It is best positioned for upsizers or family buyers seeking space and parking depth, rather than first-home buyers or those wanting a newer estate product.
The property’s age may affect long-term maintenance expectations, with a 50-year-old structure likely to require attention to roofing, wiring, or insulation that newer homes would not. Its value may also be shaped by how the market weighs the large land size against the older building envelope, particularly if buyers compare it to more contemporary houses in the area. School catchment zoning for Sunbury West Primary and Sunbury Downs Secondary adds practical appeal for families, but the absence of premium finishes means the price may hinge more on land and room count than on presentation. Buyers should weigh the cost of any future upgrades against the benefit of securing a large block in an established, family-friendly street.
|| Comparable Sales: 5 Lyons Court sold $740,000, 3-bed on 750m² | Property Price Band: $750K–$850K | Value Drivers: land size, bedroom count, updated kitchen, car accommodation
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Heysen Drive, Sunbury VIC 3429
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Sunbury, in Hume, presents an owner-occupied market with a young family skew. That cohort drives house demand: 953-1,123 sales annually and houses selling in 20-22 days. Median house prices sit near $707,000, up 4.6-6.0% annually; units trail at $511,000, with growth flat to negative. Yields are modest: 4.0% on houses, 4.5% on units, with house rents around $550 weekly. A 69.1% auction clearance rate underscores competitive buying. Affordability against the Victorian median and ongoing family formation underpin future growth. Risks include weak unit performance, limited inventory (63 listings last month), and rate sensitivity given a high ownership concentration.
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PropCred Estimated Value
Comparable Sales: 5 Lyons Court sold $740,000, 3-bed on 750m² | Property Price Band: $750K–$850K | Value Drivers: land size, bedroom count, updated kitchen, car accommodation
Bedrooms
3
Bathroom
2
Parking
3
Land
818m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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