28 Balmoral Circuit, Sunbury VIC 3429
28 Balmoral Circuit, Sunbury VIC 3429
Large block, single-level layout | School catchment positioning | Low turnover street | Solar and water tank included
This property sits on a 1224mยฒ lot with only 20% building coverage, which is competitively rare in Sunburyโs current market. The configuration gives a buyer immediate space and future flexibility,extending, adding a second dwelling, or simply holding for land appreciation. The Killara Primary School catchment and low 5% rental turnover on Balmoral Circuit signal strong owner-occupier demand, which supports resale stability. It best suits a family wanting room to grow or a buyer seeking long-term land value in a proven corridor.
The main risk is that the house itself is modest for the land size, meaning any value uplift depends on renovation or subdivision rather than the existing build. The 1989 sales history shows decades of low holding cost, but the current price range sits below the estimated value, which may reflect market caution or condition unknowns. A building and pest report is advised before offer. The solar and water tank reduce ongoing costs, and the hydronic heating and open fireplace add genuine comfort. Hold for land appreciation or renovate selectively to lift equity before refinancing.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 28 Balmoral Circuit, Sunbury VIC 3429
Market Insight:
Sunbury presents as an affordable entry point for young families, with strong owner-occupier demand underpinning a stable and active house market. Recent price growth for houses has been solid, supported by high sales volumes and quick selling times, indicating sustained buyer competition. The unit market, however, shows divergent performance. Future prospects are anchored by its relative affordability, though the market’s momentum is primarily driven by local owner-occupiers rather than investment or rental demand.