Sunbury has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.60% to date .
Over the longer term, Sunbury has seen property prices show investors a 14.17% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Sunbury is giving property investors an average Vendor Discount of around -4.05%. This puts suburb at number 472th in VIC when ranking the most discounted suburbs.
At number 322 in a list of fastest selling suburbs, Sunbury is in the TOP 10% of suburbs in Australia with an average of days on market 41.67 for properties listed there.
With the median price for a house in Sunbury being $411000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.43%
Sunbury has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -1.98% to date .
Sunbury,3429 was ranked 966 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Sunbury should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.
At number 364 in a list of fastest selling suburbs, Sunbury is in the TOP 30% of suburbs in Australia with an average of days on market 57.18 for properties listed there.
Renters in Suburb are facing rents around $3780 per annum or $315 every week.