2 Penna Avenue, Sunshine North$235,000
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For Saleland

2 Penna Avenue

Sunshine North, VIC 3020, Australia
$235,000
594 m²

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About this property

This lot is one to put in the bank and reap the rewards once this pocket gets developed, time to develop is unknown at this stage, part of the original Solomon Heights estate. Perfect for a workshop or a big shed once the roads are built and services in.(at buyers cost) Surrounded by existing business and the nearby ring road location is a feature for future growth and potential. Once a permit is granted you will then need to pay for roads,power,drainage and sewer yourself. 15.5m x 38.1m for a total of 594m2 (approx.)

Property Details

Property Type
land
Listing Type
For Sale
Land Area
594 m²
Listed
3 months ago

Repayment calculator

$1,139/month
$570 /fortnight
Loan $188,000 at 6.10% over 30 years

Upfront costs

Deposit$47,000
Stamp duty$9,170
Conveyancing (est.)$2,000
Total upfront$58,170
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Sunshine North

This land in Sunshine North, VIC 3020 sits within reach of public transport, local shops and nearby schools. It is listed 69% below the $758,000 median of 68 comparable landswithin 5 km.

Schools near Sunshine North

  • Furlong Park School For Deaf Childrencombined · U · CoEd
  • Albion North Primary Schoolprimary · Prep-6 · CoEd
  • Sunshine Christian Schoolprimary · Prep-6 · CoEd
  • Sunshine North Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Cromer Avenue/McIntyre Road (bus)946 m away
  • Royale Panels589 m away
  • Roussac Reserve1.2 km away
  • Northumberland Reserve1.2 km away
  • Unnamed1.3 km away

Sunshine North at a glance

Full suburb profile
Population
12,047
Median age
37
Household income
$1,399/wk
Median rent
$341/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Sunshine North price trend

Median sold · House 3 bed

Compound growth +0.5% / yr over 4 yrs

$746kcurrent median

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1 price change recorded for this property

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