Investment property in Sunshine Bay has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.69%
A 13.21% growth in median value for property investors in Sunshine Bay,2536 puts this suburb at number 801th in terms of best performing suburbs in NSW
Vendor discounting in Sunshine Bay is giving property investors an average Vendor Discount of around -4.62%. This puts suburb at number 645th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Sunshine Bay the average time real estate has been on the market is 86.85 days.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 1.84%, investors should hope to achieve an overall return of 4.56%