Investment property in Sunshine 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 22.07%
Sunshine,3020 has offered an average of 22.07% return per annum in house price rises to property investors over the last three years.
Sunshine3020 is located in VIC which offers an average discount of -5.80% to property investors. Sunshine itself is showing figures that indicate -7.65% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 11.55%, investors should hope to achieve an overall return of 2.50%
Investment property in Sunshine has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.26%
A 26.58% growth in median value for property investors in Sunshine,3020 puts this suburb at number 270th in terms of best performing suburbs in VIC
Our latest figures would indicate that property sellers in Sunshine are currently offering property investors an average price cut of -5.92% below the asking price at the moment.