Mortgagee sells $515,000 Sunshine West townhouse

A three bedroom, two bathroom Sunshine West, Vic townhouse has been sold by its mortgagee for $515,000.

The vacated home was set for February 16 auction with a price guide of $490,000 to $530,000.

The median price for a home in Sunshine West is $645,000 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 7.9%.

David Falcone of Stockdale and Leggo had the listing at 30 Fontana Close.

The similar residence on the corner next door, 30A Fontana Close sold in January last year for $555,000.

Set on 118 sqm the townhouse is located in the Callaway Park estate, with rear access double garaging.

The three bedroom two bathroom home features an open living plan, two parking spaces and a balcony.

It is positioned near shops, schools & public transport.

It last sold for $400,000 in 2012, while 30A Fontana close sold for $458,000 in 2012.