sunbury

3429, Victoria

Real Estate & Property Information

Median
Price Rank
418

sunbury Suburb Profile & Review

Surrounded by historical homesteads, established vineyards and old dairy farms, Sunbury has a charming small town sensibility and a dynamic and busy community. Melbourne Airport is only twenty minutes away, and many of its workers call the area home. Sunbury is also a major commuter hub due to its train station, which connects country areas to Melbourne via V/Line services.

In the town centre find major retail outlets such as Coles, Woolworths, Big W, Target and a Readings cinema. Further out you will also find an Aldi supermarket and a Bunnings Warehouse store. Sunbury is home to eight primary schools including Sunbury Primary School and Our Lady of Mount Carmel Primary School, and three high schools including Salesian College, a private school with an extensive curriculum and its own state-of-the-art sports facilities.

Sunbury's biggest claim to fame is perhaps as the home of the Rupertswood country estate, otherwise known as the birthplace of The Ashes. Upholding its reputation as a sporting capital, the town is rife with sports and recreational clubs. Visit Boardman Reserve and Stadium for football ovals, cricket fields, basketball courts and an athletics track.

sunbury Demographic Data

$ 360,000 Median House Price

35 Minutes Average Commute

36 Median Age

34,030 Population

51.21 % Female

48.79 % Male

9399 NO OF FAMILIES

1.9 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in sunbury, Victoria.

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sunbury Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

sunbury Median House Prices

  • 2008 $ 256,250
  • 2009 $ 265,000
  • 2010 $ 297,000
  • 2011 $ 343,000
  • 2012 $ 360,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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sunbury 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in sunbury have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term sunbury property price predictions.

sunbury Market Property Types

  • 91 % Seperate House
  • 3 % Semi Detached
  • 7 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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sunbury Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

sunbury Income & Mortgage Stats

  • $ 1,432 Median Weekly Household Income
  • $ 1,690 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in sunbury

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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sunbury Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

sunbury Sold Property Prices

sunbury Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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sunbury Restaurants

  • Vic's Cucina & Bar93 Oshanassy St sunbury VIC 342903 9744 2322
  • The Station Family Bistro41 Horne Street sunbury VIC 342903 9744 5200
  • Thalassa Fish N ChippersShop 12, 106-126 Gap Rd sunbury VIC 342903 9740 8280

sunbury Cafes

  • Donna Sofia Cafe Restaurant59 Oshanassy Streetsunbury VIC 342903 9740 2223
  • Michel's Patisserie SunburyEvans Streetsunbury VIC 342903 9744 6366
  • Mystic Pizza and Pasta73 Evans Streetsunbury VIC 342903 9744 3816

sunbury Schools

  • Salesian College1 Macedon Streetsunbury VIC 3429(03) 9744 0000Catholic Secondary School
  • Our Lady of Mt. Carmel Primary School53 Macedon StreetÊsunbury VIC 3429(03) 9740 7344Catholic Primary School
  • St. Annes Primary School16 Stewarts Lanesunbury VIC 3429(03) 9744 3055Catholic Primary School

sunbury Childcare

  • A Step Ahead ELC5 Spavin Drivesunbury VIC 3429
  • ABC Learning Centre43 Barkly Streetsunbury VIC 3429
  • Good Start CCC19-21 Ligar Streetsunbury VIC 3429

sunbury Kindergarten and Preschools

  • Complete Kids ELCPhillip Drivesunbury VIC 3429
  • Dobell Avenue Kindergarten35 Dobell Avenuesunbury VIC 3429
  • Learmonth Street Kindergarten49 Learmonth Streetsunbury VIC 3429

sunbury Sporting Centres and Clubs

  • Little Athletics Centres, Eric Boardman, Memorial Reservesunbury VIC 3429Athletics Club
  • SunburyHarker Stsunbury VIC 3429Horse Riding Club
  • Sunbury Unitedsunbury VIC 3429Soccer Club

sunbury Retirement Villages

  • Sunbury Retirement Villagesunbury VIC 3429

sunbury Vets

  • Sunbury Vet Clinicsunbury VIC 3429

Find out How Much your House is Worth in sunbury

Request a free market Basic Report for sunbury to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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