VIC has seen average median house prices change by 8.23% which means that Sunshine West, 3020 has done well for property investors by showing a capital gain of 14.75% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Sunshine West comes in at number 222th in VIC.
Property investors looking for a bargain in Sunshine West should be aiming for at least -5.06% off the asking price, which is the average vendor discount being achieved at the moment.
Sunshine West, 3020’s gross rental yield is 3.50%
Property value increases in Sunshine West have tracked just higher than the VIC average of 4.09% over the last 12 months.
Sunshine West,3020 has offered an average of 9.43% return per annum in house price rises to property investors over the last three years.
At number 120th of VIC’s most discounted properties, Sunshine West is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Sunshine West the average time real estate has been on the market is 82.84 days.
With the median price for a house in Sunshine West being $372000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.19%