Giving property investors a a solid capital gain of 21.23% for the last year, Sunshine, 3020 is the 270th highest performer in Australia in this respect.
While Sunshine,3020 ranked number 476th in VIC for increase in median house value (annualised) increase, it is ranked 70th over the last 5 years.
Property buyers and investors in Sunshine 3020 should be seeing an average reduction in asking price of around -5.50% . This means that Sunshine is holding prices well when compared to other suburbs in VIC.
At number 1223 in a list of fastest selling suburbs, Sunshine is in the TOP 40% of suburbs in Australia with an average of days on market 64.96 for properties listed there.
Sunshine is 485th on a list of best yielding suburbs for rents in VIC with a 2.56% return
Sunshine, 3020 ranked 316th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sunshine is one of 2098 in our list for VIC
Sunshine,3020 has offered an average of -5.26% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.07% offered to property buyers. Sellers in Sunshine itself are offering an average vendor discount of -6.16% to real estate investors.
Situated 11.88km from the CBD, Sunshine is one of Brimbank localities in the postcode 3020.