With a capital gain of -1.71% for the last 12 months, Sunshine North, 3020 has performed for property investments than its average annual 6.02% property growth over the last 5 years.
Comparing Sunshine North,3020 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Sunshine North itself are offering an average vendor discount of -6.19% to real estate investors.
Residents and property investors in Sunshine North have been waiting around 76.7391 days to sell a property.
Sunshine North, 3020’s gross rental yield is 3.01%
Property investors who have had real estate in Sunshine North, 3020 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.53%
Sunshine North,3020 was ranked 864 in Australia by increase in median property value over the quarter.
Sunshine North, 3020 is offering VIC ‘s 2nd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
Situated 12.58km from the CBD, Sunshine North is one of Brimbank (C) localities in the postcode 3020.