Over the last year, property investments in Sunshine West, 3020 have given investors a capital gain of 13.87%. This compares favourably with the 8.06% for VIC as a whole.
Over the longer term, Sunshine West has seen property prices show investors a 36.59% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Sunshine West is giving property investors an average Vendor Discount of around -5.12%. This puts suburb at number 364th in VIC when ranking the most discounted suburbs.
Situated 13.89km from the CBD, Sunshine West is one of Brimbank localities in the postcode 3020.
At number 181th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunshine West, 3020 is in the top 20% with a property value increase of 15.59% recorded in median house prices.
Sunshine West,3020 has offered an average of 15.59% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Sunshine West is offering property investors an average of -5.12. This rate of discount on properties puts Suburb at number 68th in terms of most discounted suburbs in VIC