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VIC › Sunshine › Omega St

24 Omega St, Sunshine VIC 3020

For saleTownhouse

$1,000,000–$1,100,000

For sale

Asking range

$905,000

Last sold

20 Feb 2025

3

Bedrooms

1

Bathrooms

2

Car spaces

610 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000–$1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000–$1,100,000(Listing record · 10 Aug 2026)
  • FactLand 610 m²; no building size recorded.(Property record)
  • CalculationAsk is 16% above the Sunshine median recorded sale ($860,500, n=80, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Sunshine's advertised median rent ($467/wk), implied gross yield would be 2.43% — 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

$1,000,000–$1,100,000

Asking range · $1,639/m² of land

Last recorded sale $905,000 (20 Feb 2025).

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.

See the full Sunshine report →

Vs Sunshine

+16.2%

Median sale

Suburb $860,500

-0.39 pp

Gross yield

Suburb 2.82%

Suburb median $860,500 from 80 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
$1,000,000
Stamp Duty (Victoria)
$55,000
Transfer/Registration Fee
$2,444
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
$1,061,144

$61,144 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 Sunshine's advertised median rent — not a rent for this listing.

Net yield
0.93%
Annual cashflow (pre-tax)
$-42,716
Interest cover (DSCR)
0.18
Annual rent
$24,284
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
2.43%

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

20252026$905k$1.0m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,000,000–$1,100,000available10 Aug 2026
  2. Sold$905,00020 Feb 2025
  3. Listedprice unknowncompleted28 May 2024
  4. Listedprice unknowncompleted28 May 2024

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 $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.

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 2.4%. 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

Sunshine in one glance

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.

See the full Sunshine report →

Keep researching

  • Why Sunshine? Read the area thesis →
  • What else is on the market in Sunshine →
  • Other records on Omega St →

Listing material

Listed by Create Real Estate

OFF-THE-PLAN EXECUTIVE FAMILY HOMES IN THE HEART OF SUNSHINE

A rare opportunity to secure a brand-new executive family home in one of Sunshine's most convenient and highly sought-after locations. Buy now and take advantage of government incentives to reduce stamp duty (eligible buyers).

Designed for modern family living, these three impressive street-front residences offer generous proportions, thoughtful layouts and quality finishes, all within easy walking distance of Sunshine Train Station and the vibrant Hampshire Road shopping, café and dining precinct.

These beautifully designed residences offer the rare opportunity to move into a brand-new home where everything has been considered for modern family living. Whether it's relaxed family breakfasts around the kitchen island, entertaining friends in the open-plan living area or enjoying your own private garden, these homes are designed to make everyday living easy, comfortable and enjoyable.

Read the full description

From the moment you step inside, you'll appreciate the sense of space and thoughtful design. Each home features four bedrooms and three bathrooms, including a ground-floor bedroom with built-in robe and bathroom facilities - perfect for parents, guests or family members seeking added privacy and convenience.

The heart of each residence is a spacious open-plan kitchen, dining and living zone, designed for everyday family life as well as entertaining. The kitchen features a generous island, engineered stone benchtops and premium Bosch appliances, while the living area opens effortlessly to a private outdoor space and landscaped garden.

A thoughtfully designed floorplan provides plenty of room for the whole family, while quality finishes throughout create a sophisticated yet comfortable home you'll be proud to call your own.

Key Features

• Four bedrooms and three bathrooms

• Ground-floor bedroom with built-in robe & bathroom facilities

• Spacious open-plan kitchen, dining and living

• Premium Bosch kitchen appliances

• Engineered stone kitchen benchtops, large kitchen island

• 2700mm high ceilings throughout

• Split-system heating and cooling to bedrooms and living areas

• Hybrid flooring to living areas, carpeted bedrooms

• Fully tiled wet areas, floor-to-ceiling bathroom tiling

• Stylish contemporary bathroom fittings

• Powder room, European laundry, excellent storage

• Single garage with internal access and remote-controlled door

• Water tank, garden shed

• Fully landscaped gardens

Home Sizes

Unit 1 - 195.5m² approx.

Unit 2 - 205.2m² approx.

Unit 3 - 206.4m² approx.

Enjoy a lifestyle where everyday convenience is close to home. Take an easy stroll to Hampshire Road for your morning coffee, shopping, restaurants and everyday essentials, or walk to Sunshine Train Station for convenient public transport connections.

With schools, parks, local amenities and buses all close by, this is a location designed for family living. Major arterial roads are also readily accessible, with Melbourne CBD approximately 11km away, and just 15 minutes to the airport.

Off-the-plan buyers may be eligible for applicable government incentives and potential stamp duty savings, subject to eligibility and current regulations.

For further information, contact Brenda Ngan on 0435152545

Listing description written by Brenda Ngan, Create Real Estate — reproduced as published, not verified by Districts.

Districts

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

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