47 Blaxland Drive, Sunbury VIC 3429
47 Blaxland Drive, Sunbury VIC 3429
Compact 3-bed family house | Convenient Sunbury pocket | Low-maintenance block | Strong rental appeal | Established neighbourhood
This house sits in a practical, well-located pocket of Sunbury where the street mix leans toward everyday family living rather than prestige. The likely configuration of three bedrooms, two bathrooms and a single garage on a modest block suits first-home buyers, young families and investors who want something efficient and easy to manage. Its proximity to shops, schools, public transport and the train station makes it a genuinely convenient choice, and the low-maintenance yard means less upkeep for those with busy schedules. For buyers wanting a sensible entry into a well-serviced suburb, this property offers a straightforward, functional layout that should hold its appeal across different buyer groups.
The main factors that might shape its value are the compact land size, which limits future extension potential, and the overall condition of the house compared to renovated stock nearby. If the interior is dated, there may be room to add value through cosmetic updates; if it has already been refreshed, that convenience will be reflected in the price. The street’s mix of older homes and newer infill means presentation and upkeep will matter more than location alone when forming a view on price. Buyers should weigh how much they value move-in readiness versus the opportunity to personalise.
|| Comparable Sales: 40 Blaxland Drive sold as a renovated 4-bed on 506m²; 3A Blaxland Drive sold in 2021 as a 3-bed on 236m² | Property Price Band: $600,000–$700,000 | Value Drivers: condition, land size, layout
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Blaxland Drive, Sunbury VIC 3429
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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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: 40 Blaxland Drive sold as a renovated 4-bed on 506m²; 3A Blaxland Drive sold in 2021 as a 3-bed on 236m² | Property Price Band: $600,000–$700,000 | Value Drivers: condition, land size, layout
Bedrooms
3
Bathroom
2
Parking
1
Land
472m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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