Back 43 Westmoreland Rd
Off Market

43 Westmoreland Rd

Sunshine North VIC 3020

3
1
1
627 m²
House
Last sold for $780,000
Dean LartiDean Larti, last sold this property on 05 September 2026 after 29 days on market.

Overview

Prime GRZ1 Development Opportunity with Holding Income

Secure a premium development site in one of Sunshine North's most tightly held pockets, offering exceptional future potential in the highly sought-after Residential Growth Zone 1 (GRZ1). Ideally positioned just moments from Victoria University, Sunshine's vibrant town centre, Sunshine Train Station, quality schools, parklands and public transport, this is a rare opportunity in one of Melbourne's fastest-growing precincts. Set on approximately 627sqm with an impressive 15.48m frontage and 39.62m depth, the property provides outstanding scope for a multi-townhouse or multi-level residential development (STCA). Adding to its appeal, the existing home is neat, well-maintained and currently leased at $460 per week, providing an immediate income stream while you finalise plans, secure permits or simply land bank for the future. The home comprises of 3 great-sized bedrooms, central bathroom, separate living room, well maintained kitchen and a single car garage. Whether you're a developer, investor or astute land banker, this is a chance to acquire a blue-chip site that combines strong holding income with outstanding long-term redevelopment potential in a location continuing to experience significant growth and buyer demand.

Features

3 bedrooms
1 bathroom
1 carspace
627 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Sunshine North over the last 12 months, the estimated median property value of 43 Westmoreland Rd is $780k.

Median value
$780k
Estimated value range
$580k - $1.21m
Median days on market
30
Estimated value trend
7%
increase 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 43 Westmoreland Rd

2026
Sold
$780,000
Auction Sale on 05 Sep 2026 by Dean Larti, of Bells Real Estate Sunshine
2024
Rented
Undisclosed
Leased on 09 Jan 2024 by Bells Real Estate Sunshine
2023
Rented
Undisclosed
Leased on 12 Dec 2023 by Bells Real Estate Sunshine

Happy sellers in Sunshine North

91%
91% 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 34 reviews in Sunshine North over the last 12 months.

Local market activity for 3 bedroom houses in Sunshine North

In the last 12 months, 62 three-bedroom houses similar to 43 Westmoreland Rd, have been sold.

This represents a 37% increase in three-bedroom houses sales when compared to the previous 12 months.

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