2/164 Cornwall Road, Sunshine VIC 3020
2/164 Cornwall Road, Sunshine VIC 3020
3 bed townhouse | 179sqm land | 167sqm internal | Sunshine VIC | no overlays
This townhouse offers a rare combination of generous internal space on a low-maintenance landholding, positioned in a suburb with strong rental demand and improving infrastructure. The 2000 build quality is sound, and the lack of any bushfire, flood, or heritage overlays removes common negotiation hurdles. It suits a buyer seeking solid rental yield with capital growth potential, or a family wanting room without a large garden.
The 26-year age means mechanical systems and roof may need attention; a building inspection is non-negotiable. The estimated value sits above the asking range, so there is room to negotiate down from the top. With NBN and 5G in place, the property holds appeal for remote workers. Hold for medium-term capital appreciation or rent for immediate cash flow.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/164 Cornwall Road, Sunshine VIC 3020
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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
3
Bathroom
2
Parking
1
Land
179m²
Assessments Delivered Today
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