Property value increases in Sunshine West have tracked higher than the VIC average of 9.04% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Sunshine West comes in at number 185th in VIC.
Sellers are offering property buyers an average discount of -5.24% to buyers in Sunshine West at the moment, which is less than average for the rest of VIC.
Over the last year, property investments in Sunshine West, 3020 have given investors a capital gain of 9.32%. This compares favourably with the 4.28% for VIC as a whole.
Over the longer term, Sunshine West has seen property prices show investors a 20.91% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Sunshine West 3020 should be seeing an average reduction in asking price of around -7.10% . This means that Sunshine West is holding prices well when compared to other suburbs in VIC.
At number 611 in a list of fastest selling suburbs, Sunshine West is just in the top half of suburbs in Australia with an average of days on market 70.4 for properties listed there.