Sunshine is in the bottom 30% in VIC when comparing median price capital growth over the last year. Sunshine gave property investors a disappointing capital gain figure when compared to the rest of the state, with -9.29%.
Over the longer term, Sunshine has seen property prices show investors a 17.89% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sunshine, 3020. Typically our figures indicate that -6.94% is being offered, which puts this VIC suburb at 1372th most discounted overall in Australia.
Advertised rents are around the $390 mark per week – giving a return of 2.90% based on the median price in Suburb
Sunshine, 3020 ranked 142th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sunshine is one of 2099 in our list for VIC
A 0.00% growth in median value for property investors in Sunshine,3020 puts this suburb at number 69th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Sunshine is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 97th in terms of most discounted suburbs in VIC
In the last year 37 properties changed hands in Sunshine, which puts it as the 150th most active market in VIC when comparing the number of sales per suburb.
Sunshine is 58th on a list of best yielding suburbs for rents in VIC with a 5.06% return