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VIC › Sunshine › Hampshire Rd

U306 & 406, 254 Hampshire Rd, Sunshine VIC 3020

For saleApartment

$495,000–$515,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

0

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $495,000–$515,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $495,000–$515,000(Listing record · 10 Sept 2025)
  • CalculationAsk is 42% below 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 4.91% — 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

$495,000–$515,000

Asking range

No recorded sale for this property.

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

-42.5%

Median sale

Suburb $860,500

+2.09 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
$495,000
Stamp Duty (Victoria)
$24,770
Transfer/Registration Fee
$1,263
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
$524,733

$29,733 on top of the price (6.0% 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
3.41%
Annual cashflow (pre-tax)
$-8,881
Interest cover (DSCR)
0.65
Annual rent
$24,284
Operating expenses
$7,425
Loan amount
$396,000
Annual interest
$25,740
Gross yield
4.91%

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$495,000–$515,000available10 Sept 2025

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 4.9%. 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 Hampshire Rd →

Listing material

Listed by Vicprop St Albans

Contemporary Living in the Heart of Sunshine

Step into modern sophistication and effortless living with this beautifully appointed two-bedroom, two-bathroom apartment in the vibrant heart of Sunshine. Perfectly positioned just 250 meters from Sunshine Station, soon to become the key Melbourne Airport Rail Link hub, this home offers exceptional lifestyle convenience and long-term investment potential.

Bathed in natural light and designed for seamless indoor-outdoor living, the open-plan layout flows through to an expansive alfresco balcony, perfect for entertaining, relaxing, or soaking in the urban energy of this rapidly evolving precinct.

The heart of the home is the designer kitchen, featuring timber-toned cabinetry, reconstructed granite benchtops and splashback, and premium Bosch appliances including a semi-integrated dishwasher and integrated refrigerator. Engineered timber flooring adds warmth and sophistication throughout the living areas, while plush carpets bring comfort to the generously-sized bedrooms—each with mirrored built-in robes for ample storage.

Read the full description

The master suite includes a private ensuite adorned with brass-finish fittings, semi-frameless shower, and detailed tiling, echoing the style and quality of the central bathroom. Year-round comfort is assured with split system heating and cooling.

Additional features include:

- Security entrance and lift access

- Access to a spectacular communal rooftop terrace boasting panoramic 360-degree views, ideal for entertaining or unwinding above the city skyline.

- Unbeatable Location & Lifestyle

Set just 13km from Melbourne’s CBD, Sunshine continues to thrive as one of Melbourne’s fastest-growing and most connected suburbs. Enjoy walking distance access to a lively mix of cafes, restaurants, shops, supermarkets, schools, the library, and medical services. The new pedestrian-friendly Hampshire Road precinct further enhances the appeal of this dynamic and community-focused neighborhood.

Whether you're a first homebuyer, downsizer, or astute investor, this exceptional apartment in the boutique "254 Hampshire" development represents the perfect blend of style, comfort, and future growth.

Don’t miss this opportunity to secure your place in Sunshine’s exciting future.

Contact Tommy Truong on 0432 455 888 today for more information or to arrange a private inspection.

Listing description written by Tommy Truong, Vicprop St Albans — reproduced as published, not verified by Districts.

Also look at

Also for sale in Sunshine

  • U206, 254 Hampshire Rd, Sunshine VIC 3020

    2-bed apartment. Asking $500K–$550K.

    For sale
  • U406, 254 Hampshire Rd, Sunshine VIC 3020

    2-bed apartment. Asking $466K.

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  • U503, 254 Hampshire Rd, Sunshine VIC 3020

    2-bed apartment. Asking $520K–$550K.

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  • U307, 254 Hampshire Rd, Sunshine VIC 3020

    2-bed apartment. Asking $480K–$500K.

    For sale
Districts

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

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