Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Sunbury › Yellow Gum Blvd

116 Yellow Gum Blvd, Sunbury VIC 3429

For saleHouse for Sale

$1,040,000–$1,140,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

1,247 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,040,000–$1,140,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,040,000–$1,140,000(Listing record · 18 Aug 2026)
  • FactLand 1,247 m²; no building size recorded.(Property record)
  • CalculationAsk is 41% above the Sunbury median recorded sale ($735,000, n=192, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sunbury's advertised median rent ($509/wk), implied gross yield would be 2.55% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,040,000–$1,140,000

Asking range · $834/m² of land

No recorded sale for this property.

Sunbury at a glance

43,627

People

$735,000

Median sale

$509/wk

Median rent

3.60%

Suburb gross yield

Median sale from 192 recorded sales (last 12 months) — a Districts calculation.

See the full Sunbury report →

Vs Sunbury

+41.5%

Median sale

Suburb $735,000

-1.05 pp

Gross yield

Suburb 3.60%

Suburb median $735,000 from 192 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,040,000
Stamp Duty (Victoria)
$57,200
Transfer/Registration Fee
$2,538
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,103,438

$63,438 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Sunbury's advertised median rent — not a rent for this listing.

Net yield
1.04%
Annual cashflow (pre-tax)
$-43,212
Interest cover (DSCR)
0.20
Annual rent
$26,468
Operating expenses
$15,600
Loan amount
$832,000
Annual interest
$54,080
Gross yield
2.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,040,000–$1,140,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $509/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Sunbury in one glance

Sunbury at a glance

43,627

People

$735,000

Median sale

$509/wk

Median rent

3.60%

Suburb gross yield

Median sale from 192 recorded sales (last 12 months) — a Districts calculation.

See the full Sunbury report →

Keep researching

  • Why Sunbury? Read the area thesis →
  • What else is on the market in Sunbury →
  • Other records on Yellow Gum Blvd →

Listing material

Listed by Barry Plant Taylors Lakes

STORYBOOK CHARM, CONTEMPORARY LUXURY & AN EXCEPTIONAL 1,247SQM APPROX.

Perfectly positioned within Sunbury's tightly held Sherwood Estate, within walking distance of Salesian College, this iconic Storybook residence presents a rare combination of architectural character, contemporary luxury and exceptional family space on approximately 1,247sqm.

Instantly recognisable by its charming Storybook façade, the home has undergone an extensive transformation, beautifully modernising the residence while preserving the warmth and personality that makes it so unique. Its original burgundy and cream exterior has been refreshed in a sophisticated Woodland Grey and crisp white palette, complemented by established gardens, sweeping lawns and an impressive street presence.

Step inside and the character continues. Soaring cathedral ceilings, exposed timber beams and an open fireplace create an incredible sense of warmth and scale within the main living zone, while an abundance of natural light enhances the home's relaxed and inviting atmosphere. Polished concrete floors introduce a contemporary edge and are complemented by an in-slab hydronic heating system, powered by an Immergas Italian boiler with remote-controlled thermostat, providing exceptional comfort throughout the cooler months.

Read the full description

At the heart of the home, the beautifully renovated kitchen has been completely custom designed with both entertaining and everyday family living in mind. Premium Caesarstone Frosty Carrina features throughout, with all kitchen benchtops custom made to an oversized 700mm depth, finished in 40mm stone with striking waterfall edges. Matching 13mm Caesarstone splashbacks create a seamless finish, while custom Polytec Ultra Matt cabinetry with Blum hardware, flush-mounted sinks, elegant Meir champagne tapware, a 900mm Bosch oven and Velux skylights positioned above the kitchen sink complete this beautifully considered space.

The adjoining dining and living areas flow effortlessly to the expansive undercover alfresco, creating a seamless connection between indoors and out. Whether enjoying a quiet family evening or entertaining on a larger scale, the layout has been designed to make the most of the home's impressive proportions and beautiful garden outlook.

Accommodation is equally generous, with a flexible floorplan incorporating four bedrooms, a dedicated study, upstairs retreat and spacious main living areas, providing excellent separation for growing families. The main bedroom is privately positioned on the ground floor, while the upper level provides an ideal retreat for children, teenagers or guests.

The renovation continues through the beautifully appointed main bathroom and powder room, where Meir champagne tapware, bespoke timber cabinetry and high-end finishes have been carefully selected to complement the remainder of the home. The laundry has received the same attention to detail, featuring Caesarstone Frosty Carrina 40mm benchtops, 13mm splashbacks, custom cabinetry and a flush-mounted sink.

Outside, the sheer scale of the property becomes immediately apparent.

The large undercover alfresco overlooks an enormous manicured backyard, providing an outstanding setting for entertaining, children to play, pets to roam or simply enjoying the privacy and space that a substantial allotment provides. A dedicated basketball court adds another fantastic lifestyle feature, while expansive lawn areas leave plenty of room to kick a ball, host family gatherings or create something further in the future.

Practicality is another major highlight, with three separate side gates providing excellent access to a dedicated area suitable for storing a boat, caravan, camper trailer or additional vehicles. A freestanding double garage provides further secure parking and storage and has recently been upgraded with a new automatic garage door motor and two remotes. The floorplan also confirms the substantial double garage and undercover alfresco areas.

Set across approximately 1,247sqm, the property still offers an extraordinary amount of usable outdoor space, providing exciting potential to further enhance the home with an extension, swimming pool or additional outdoor improvements, subject to relevant approvals.

Completing the lifestyle is the outstanding Sherwood Estate location. Salesian College is within walking distance, while nearby parks, playgrounds and walking trails provide easy access to the historic railway bridge, Salesian lake and surrounding natural environment. Shops, train stations and sporting facilities are also conveniently accessible.

A truly individual family home where iconic Storybook charm meets sophisticated contemporary living, 116 Yellow Gum Boulevard delivers character, craftsmanship, land and lifestyle on a scale that is becoming increasingly difficult to find.

*Inspections By Appointment Only or Advertised Times*

Contact our Team to arrange your private inspection

Listing description written by Andrew Koulaouzos, Barry Plant Taylors Lakes — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • Remote Garage
  • Study
  • Toilets: 2

Also look at

Also for sale in Sunbury

  • Lot 854 Saperavi St, Sunbury VIC 3429

    4-bed house. Asking $978K.

    For sale
  • Lot 853 Saperavi St, Sunbury VIC 3429

    5-bed house. Asking $949K.

    For sale
  • Lot 853 Saparavi St, Sunbury VIC 3429

    4-bed house. Asking $800K.

    For sale
  • Lot 867 Ondenc St, Sunbury VIC 3429

    3-bed house. Asking $559K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.