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Back 39-41 Elwood Avenue
Off Market

39-41 Elwood Avenue

Sunshine North VIC 3020

1161 m²
Land
Last sold for $265,000
Josh IglesiasJosh Iglesias, last sold this property on 10 August 2025 after 156 days on market.

Overview

Unlock the potential of this prime industrial opportunity in Sunshine North.

Spanning a generous 1161sqm, and with a massive frontage of 30.4m, this parcel promises unlimited potential for your industrial ambitions. Situated in the heart of Sunshine North, it enjoys seamless access to major public transit networks and highways, facilitating efficient transportation of goods across the city and suburbs. Nestled within a thriving sector of Sunshine North's established industrial precinct, this property presents a strategic investment opportunity. Whether for immediate occupation or long-term growth, seize this chance to secure a foothold in a rapidly appreciating industrial enclave. The land is currently un-serviced (no roads, electricity, sewerage, water, etc.) which are still to be implemented at some time in the future. Sunshine North is experiencing robust population growth and significant infrastructural advancements, ensuring this property stands as a rare prospect for substantial future appreciation.

Features

1161 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Sunshine North over the last 12 months, the estimated median property value of 39-41 Elwood Avenue is $400k.

Median value
$400k
Estimated value range
$179k - $620k
Median days on market
148
Estimated value trend
-39%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Sunshine North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 39-41 Elwood Avenue

2025
Sold
$265,000
Private Sale/Treaty on 10 Aug 2025 by Josh Iglesias, of Nicholas Scott Real Estate

Happy sellers in Sunshine North

93%
93% of sellers in Sunshine North reported that their sale price either exceeded or met their price expectations.

Sunshine North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Sunshine North over the last 12 months.

Local market activity for land plots in Sunshine North

In the last 12 months, 8 land plots similar to 39-41 Elwood Avenue, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sunshine North

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Phillip (Thanh) Nhu

Phillip (Thanh) Nhu is an award winning recommended agent for Sunshine North.  They have 23 local sales and collected 19 local reviews across the last 12 months.

  •   4.9   (215 reviews)
  •  19 Reviews in Sunshine North
  •  23 Sales in Sunshine North
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Phi Nguyen

Phi Nguyen is a recommended agent for Sunshine North.  They have 8 local sales and collected 13 local reviews across the last 12 months.

  •   5   (86 reviews)
  •  13 Reviews in Sunshine North
  •  8 Sales in Sunshine North
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Lam Nguyen

Sellers who recommend Lam Nguyen have praised them for being clear communication, local expert, responsive, honest, reliable, supportive and friendly

  •   4.9   (551 reviews)
  •  7 Reviews in Sunshine North
  •  8 Sales in Sunshine North
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Taylor Romao

Sellers who recommend Taylor Romao have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and trustworthy

  •   4.9   (196 reviews)
  •  2 Reviews in Sunshine North
  •  2 Sales in Sunshine North
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