Real estate report for week ending 3 December 2023

Only two properties were reported as being sold last week by the Real Estate Institute, and one dates back to June…

AddressBedsPriceTypeMethodSale DateAgent
85 Aldridge Dr, Sunbury4$1.3mHouse (Res)Private Sale28/11/2023Ray White Sunbury
45 Bannon Av, Sunbury4$800,000House (Res)Private Sale16/06/2023Raine & Horne Sunbury

According to the institute, the median sale price of a house in Sunbury currently stands at $667,000, while the median for Metro Melbourne is $934,000. Property values in Sunbury have dropped 1.9% during the past quarter. Sunbury’s median rent is $460 a week (metro $530).