9 Andrew Street, Sunshine VIC 3020
9 Andrew Street, Sunshine VIC 3020
3 bedrooms, study convertible to a fourth, one bathroom, separate toilet, three car spaces, on a 474m² lot in Sunshine VIC 3020. Sold March 2025 for $738,000. Single-level house with built-in robes and a large lounge.
This property is competitively positioned as a spacious family home in a well-connected suburb, offering a rare configuration advantage with its study that can serve as a fourth bedroom. The generous parking for three cars and the sizable land area provide flexibility that is not common for the typical housing stock in Sunshine. It is best suited for a growing family or an investor seeking a property with steady rental demand, as the layout and location near transport and schools appeal to a broad tenant base. The house sits comfortably within the established residential character of the area, offering a balance of space and accessibility.
Several factors may influence the property’s value. The single bathroom and separate toilet, while functional, could be a constraint for larger families or future resale. The age of the building might require updates to finishes or systems, which should be weighed when forming a view on price. The land size offers potential for future subdivision or development, subject to zoning, which could add long-term value. Proximity to major roads may introduce noise, and the older housing stock in the neighborhood might demand renovation investment.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Andrew Street, Sunshine VIC 3020
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
1
Parking
4
Land
474m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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