Sunshine North has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.88% to date .
Sunshine North,3020 has offered an average of 10.88% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Sunshine North are currently offering property investors an average price cut of -8.12% below the asking price at the moment.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
At number 1340th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunshine North, 3020 is in the BOTTOM 30% with a property value increase of -3.42% recorded in median house prices.
If we look at median property appreciation over just the last three months, Sunshine North has given property investors a paper return of -1.67%. This puts Suburb as 272 on a list of fastest fasting appreciating suburbs in VIC
Sunshine North3020 is located in VIC which offers an average discount of -5.14% to property investors. Sunshine North itself is showing figures that indicate -6.08% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Sunshine North being $352500 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.57%