5 Macara Street, Sunbury VIC 3429
5 Macara Street, Sunbury VIC 3429
4/2/2 family format | 400m² low-maintenance block | Contemporary presentation | Above older street sales | Strong rental demand
Four bedrooms, two bathrooms and a double garage on a 400m² block are provided by this house, placing it in the mainstream family format for Macara Street. Its contemporary presentation, modern kitchen, master suite with walk-in robe and ensuite, and low-maintenance backyard are the features most likely to carry appeal. The confirmed sale at $797,000 is positioned above older street sales, placing it in the newer-family-home segment. Families seeking a turn-key house in Sunbury, along with first-home buyers and investors, are best served by this property. Rental demand is evidenced by the $550 to $580 per week range for similar houses on the street.
The sale price may be influenced by the gap between the achieved result and street expectations. How far a buyer would stretch might be capped by the finished condition, the absence of stated upgrades, and the modest 400m² land size. Historically lower street sales should be weighed, as the $797,000 result may reflect a seller pricing competitively rather than testing the upper limits.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Macara Street, Sunbury VIC 3429
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
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: 4/2/2 Macara St home at $666k; 16 Macara St prior sale $355k (2021) | Property Price Band: $800K–$900K | Value Drivers: contemporary presentation, 400m² land size, family layout with internal-access garage
Bedrooms
4
Bathroom
2
Parking
2
Land
400m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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