98 Anderson Road, Sunbury VIC 3429

98 Anderson Road, Sunbury VIC 3429
Large family allotment | 4-car secure parking | recent full renovation | prime school catchments | rare 1445m² lot This property presents a competitively strong proposition due to its rare, large residential lot in a tightly held location, a configuration increasingly uncommon in suburban markets. The recent comprehensive renovation and expansive living areas, including multiple living zones and substantial outdoor space, position it ideally for a family seeking long-term stability and space. Its four secure car spaces and workshop appeal directly to buyers requiring practical utility, while the established gardens and solar panels reduce immediate holding costs. This house serves a family or professional couple needing room to grow more than it suits an investor seeking high yield. The primary decision rests on paying a premium for land size versus accepting the inherent illiquidity of a large-block property in a suburban setting. The estimated rental yield sits below typical investment thresholds, confirming its primary value as a principal residence. Proceed with an offer anchored to the lower quartile of the asking range, justified by the property’s niche appeal, and plan to hold for a decade to realise the land value appreciation that its scarcity should command. Recent sales data shows twenty-eight four-bedroom houses have sold nearby, indicating strong underlying demand for this housing type in Sunbury. This volume of comparable transactions provides a solid basis for market valuation, suggesting the asking price is positioned within an active, established market segment.
Detailed Independent Property Report prepared  by PropCred Analyst team for 98 Anderson Road, Sunbury VIC 3429
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Insight: Sunbury VIC 3429

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

Bathroom

Parking

4

Land

1445m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

30 Devon Street, Box Hill South VIC 3128

3-bed house | 927 m² land | land-led value | family or project buyer The defining strength of this property is...

19/61 Hughes Avenue, Edithvale VIC 3196

2 bed | 1 bath | 2 car | low-rise unit | bayside suburb | strong parking for size This unit’s...

7010/228 La Trobe Street, Melbourne VIC 3000

Large 3-bedroom CBD apartment | Level 70 in a 2020 tower | Strong rental yield potential | Premium owner-occupier and...

19 Hyson Street, Kootingal NSW 2352

Large lot house | 4 bed 2 bath | built 2002 | family oriented | semi-rural setting This property is competitively...

723 Barrington East Road, Barrington NSW 2422

5-bedroom rural holding | 11-car capacity | 5.38 hectares | dual-living potential with granny flat This property offers a configuration rarely...

2/3 Allen Street, Waikerie SA 5330

small low-density unit group | generous land holding | limited direct comparable evidence | quiet Waikerie setting | compact two-bedroom...

10 Jacobsen Cres, Sunset QLD 4825

3 bed 1 bath 1 car on 607m² | modest established house in mixed pocket | entry-level appeal with land...

11 Rogers Avenue, Haberfield NSW 2045

Large freestanding house | 1,507 m² land parcel | five bedrooms | two-storey character home | tightly held suburb This property...

49 Kilmarnock Way, Clyde North VIC 3978

Compact 2015 build | 3-bed lowset on small lot | Entry-to-mid-market family house | Casey Council area | 111 m²...

27C Sunhaven Avenue, Athelstone SA 5076

4 bed | 3 bath | 2 car | 2021 build | 256 m² lot | Torrens row house |...

12/23-25 Gover Street, Peakhurst NSW 2210

3 bed 2 bath 2 car apartment | Family-sized strata unit in Peakhurst | Two parking spaces is a rare...

17 Tallering Way, Golden Bay WA 6174

4 bed dual-level house | 231sqm on 501sqm lot | Built 2014 | Family-focused coastal suburb | Quiet garden setting This...