Property value increases in Sunshine West have tracked higher than the VIC average of 7.80% over the last 12 months.
Comparing Sunshine West,3020 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Sunshine West is giving property investors an average Vendor Discount of around -5.23%. This puts suburb at number 356th in VIC when ranking the most discounted suburbs.
Sunshine West, 3020’s gross rental yield is 3.49%
Property value increases in Sunshine West have tracked just higher than the VIC average of 3.63% over the last 12 months.
Taking the average capital gain, or increase in median house value, Sunshine West,3020 has racked up an average of 10.14% over the period. This ranks it number 835th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Sunshine West is $380000, with sellers offering an average of -5.96% off the asking price.
In the last year 58 properties changed hands in Sunshine West, which puts it as the 160th most active market in VIC when comparing the number of sales per suburb.
Situated 13.50km from the CBD, Sunshine West is one of Brimbank localities in the postcode 3020.