Sunshine at a glance
10,164
People
$860,500
Median sale
$467/wk
Median rent
2.82%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
VIC › Sunshine › Matthews St
$970,000
Last sold
17 Mar 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
640 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$970,000
17 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Sunshine (last 5 years) with land size have a median of $1,777/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Sunshine at a glance
10,164
People
$860,500
Median sale
$467/wk
Median rent
2.82%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
Vs Sunshine
+12.7%
Median sale
Suburb $860,500
-0.32 pp
Gross yield
Suburb 2.82%
Suburb median $860,500 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $467/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Sunshine at a glance
10,164
People
$860,500
Median sale
$467/wk
Median rent
2.82%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bells Real Estate SunshinePrepare to be captivated by this fully transformed 3 bedroom, 1 bathroom residence, a masterpiece of thoughtful craftsmanship. Nestled on an impressive 640sqm of land, this home offers the perfect blend of style, space, and an unbeatable Matthews Hill lifestyle.
From the moment you enter, the light-filled interior exudes sophistication. The sleek kitchen flows seamlessly into the adjoining meals area—ideal for casual family dinners or entertaining friends. The formal lounge is perfect for cozy evenings or hosting guests in comfort all serviced by the refined central bathroom.
The vast 640sqm block providing endless possibilities. Whether you dream of creating a lush garden retreat, adding an outdoor entertainment space, or exploring development potential (STCA), this property offers it all.
The location is simply unparalleled. Situated directly adjacent to the picturesque Matthews Reserve, you’ll enjoy the tranquillity of parklands just steps from your door. A short stroll places you at Sunshine train station, ensuring effortless connectivity to the city. The area’s vibrant lifestyle amenities—including trendy cafes, restaurants, and quality schools—are all within easy reach.
This property boasts an extensive list of upgrades, ensuring peace of mind and exceptional quality for years to come including:
• Complete re-stumping, providing a solid foundation.
• Re-wiring throughout for modern electrical standards.
• New plumbing for efficiency and reliability.
• Powder-coated aluminium windows, combining durability with style.
• Roof professionally re-pointed, sealed, and sprayed for longevity.
• Brand-new gutters and fascia’s for improved drainage and aesthetics.
• Continuous hot water system for energy-efficient convenience.
• New hybrid flooring
• New carpets
• Ceiling fans to all bedrooms
• And much more!
This is more than a home; it’s a lifestyle upgrade. Perfect for families, savvy investors, or those seeking space and sophistication, this property is a rare gem in Sunshine’s most desirable location. Don’t miss your chance to call this exceptional residence yours!
Listing description written by Martin Artigas, Bells Real Estate Sunshine — reproduced as published, not verified by Districts.