Investment property in Sunshine West has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.37%
A 56.76% growth in median value for property investors in Sunshine West,3020 puts this suburb at number 110th in terms of best performing suburbs in VIC
At number 429th of VIC’s most discounted properties, Sunshine West is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Situated 13.96km from the CBD, Sunshine West is one of Brimbank localities in the postcode 3020.
Sunshine West has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 18.42% to date .
If we look at median property appreciation over just the last three months, Sunshine West has given property investors a paper return of 2.86%. This puts Suburb as 131 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.68% offered to property buyers. Sellers in Sunshine West itself are offering an average vendor discount of -5.42% to real estate investors.