Over the last year, property investments in Sunshine West, 3020 have given investors a capital gain of 14.62%. This compares favourably with the 8.96% for VIC as a whole.
Comparing Sunshine West,3020 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 291th of VIC’s most discounted properties, Sunshine West is in the middle of the state/territory when listing in order of most discounted to least.
The VIC suburb of Sunshine West, 3020 is in the Brimbank local government area.
At number 465th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunshine West, 3020 is in the top 30% with a property value increase of 9.02% recorded in median house prices.
Across a shorter period, Sunshine West, 3020 has seen a median price increase of -0.26% over the last quarter.
Vendor discounting in Sunshine West is giving property investors an average Vendor Discount of around -7.13%. This puts suburb at number 32th in VIC when ranking the most discounted suburbs.
In the last year 34 properties changed hands in Sunshine West, which puts it as the 238th most active market in VIC when comparing the number of sales per suburb.
Sunshine West is 169th on a list of best yielding suburbs for rents in VIC with a 4.29% return