Sunshine has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 24.79% to date .
The five-year average increase in median property values for Sunshine,3020 has given property investors a potential capital gain of 41.50% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Sunshine is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 54th in terms of most discounted suburbs in VIC
Sunshine, 3020’s gross rental yield is 2.70%
Sunshine has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 2.27% to date .
While Sunshine,3020 ranked number 194th in VIC for increase in median house value (annualised) increase, it is ranked 89th over the last 5 years.
Sunshine3020 is located in VIC which offers an average discount of -5.22% to property investors. Sunshine itself is showing figures that indicate -3.87% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $272.5 mark per week – giving a return of 3.69% based on the median price in Suburb