Property value increases in Sunshine North have tracked just higher than the VIC average of 10.43% over the last 12 months.
The five-year average increase in median property values for Sunshine North,3020 has given property investors a potential capital gain of 48.47% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sunshine North, 3020. Typically our figures indicate that -6.15% is being offered, which puts this VIC suburb at 1568th most discounted overall in Australia.
At number 1208 in a list of fastest selling suburbs, Sunshine North is in the TOP 40% of suburbs in Australia with an average of days on market 62.48 for properties listed there.
Sunshine North is 396th on a list of best yielding suburbs for rents in VIC with a 2.92% return
Over the last year, property investments in Sunshine North, 3020 have given investors a capital gain of 25.11%. This compares very favourably with the 4.79% for VIC as a whole.
The five-year average increase in median property values for Sunshine North,3020 has given property investors a potential capital gain of 41.69% across each of those five years.
Sunshine North, 3020 is offering VIC ‘s 151th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
With the median price for a house in Sunshine North being $441000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 3.89%