Lot 8, 750 Elizabeth Drive, Sunbury VIC 3429 – Elanor Sunbury


  • 3
  • 2
  • 1
  • 179.5m²
  • Townhouse

Welcome to the picturesque Elanor Estate! This beautiful property is perfect for both owner occupiers and investors looking for a great investment opportunity. With plenty of living space, this home is perfect for families or those who love to entertain. The property boasts a spacious open-plan living area that flows seamlessly into a stunning kitchen, complete with modern appliances and ample storage space. The bedrooms are generously sized and are sure to provide a peaceful and relaxing retreat at the end of the day.

Located in the thriving suburb of Sunbury, this home is just a short drive away from a variety of local amenities, including schools, parks, and shopping centres. With easy access to public transport and major roads, getting around the area is a breeze.

Key Economic Drivers

✅ Sunbury Line Upgrade: The Victorian government is investing $2.1 billion in the Sunbury Line Upgrade, which will create around 3,000 jobs during construction and deliver more reliable and frequent train services for the growing population in the area. The upgrade includes duplicating the line between Sunbury and the city, building a new station at Toolern, and upgrading the stations at Sunbury, Diggers Rest, and Watergardens.

✅ Sunbury South Employment Precinct: The Sunbury South Employment Precinct is expected to create up to 10,000 new jobs in industries such as logistics, manufacturing, and food processing. The Victorian government has committed $5 million to plan and develop the precinct, which covers around 1,200 hectares.

✅ Sunbury Community Hospital: The new Sunbury Community Hospital is expected to create around 400 jobs during construction and provide healthcare services to around 32,000 residents in the area. The Victorian government is investing $675 million in the hospital, which will have 196 beds, a 24-hour emergency department, and a range of specialist services.

✅ Road and infrastructure upgrades: The Victorian government is investing $10 million in a range of road and infrastructure upgrades in Sunbury, including $6.8 million for upgrades to the Gap Road and Horne Street intersection, $1.8 million for upgrades to the Sunbury Ring Road, and $1.3 million for upgrades to the Riddell Road and Racecourse Road intersection.

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  • $-793.94/m

  • 11.34%

  • 4.06%

  • 0.48%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area145 m²
Title StatusTBA
Contract typeSingle
Council Rates*$100/m
Water Rates*$50/m
Body Corp / Strata*$141.66/m
Tax depreciation*$669.08/m
Rental Income*$2303/m
* these figures are an estimate only, based on current average rates and current relevant figures.