24 Reghon Drive, Sunbury VIC 3429

3-bed on standard lot | no overlays simplifies purchase | fibre & 5G connected | zoned for established local schools This property presents a competitively strong entry into a stable, family-oriented pocket of Sunbury, distinguished by its absence of bushfire, flood, or heritage overlays which streamlines due diligence and insurability. Its configuration as a three-bedroom home on a full 650m² block aligns with the lower density end of the street’s typical build, offering a lower maintenance proposition that serves first-home buyers or downsizers seeking established zoning for primary and secondary government schools. The building coverage of 40% against a neighbourhood range of 40-52% confirms a more generous yard space relative to nearby larger builds, a tangible differentiator for families. The decision hinges on its price positioning against recent sales, where the listing range sits below the demonstrable ceiling for the street. The primary risk is the value compression from its smaller bedroom count and building size compared to direct comparables, a deficit not fully offset by its land holding. The opportunity lies in acquiring a sound, unencumbered property at a discount to the estimated value, with a logical path to capitalise through either holding for rental yield supported by the suburb’s profile or a future upgrade to align with the street’s larger home norms. Proceed with an offer anchored to the lower quartile of the suburb’s demonstrated value range, as this property’s configuration commands a quantifiable discount. Recent sales on Reghon Drive demonstrate clear value benchmarks: – 56 Reghon Drive (5 bed, 2 bath, garage) sold for $760,000 in October 2025 on a similar lot. – 51 Reghon Drive (5 bed, 2 bath) carries an estimated value of $820,000. This establishes that the subject property’s three-bedroom format naturally positions it at a material discount to these five-bedroom homes, anchoring its fair value toward the lower end of its advertised range.