Sunshine Bay has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.26% to date .
If we look at median property appreciation over just the last three months, Sunshine Bay has given property investors a paper return of 2.96%. This puts Suburb as 686 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -4.53% to buyers in Sunshine Bay at the moment, which is less than average for the rest of NSW.
With the median price for a house in Sunshine Bay being $452500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.54%