Sunshine has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -8.15% to date .
The five-year average increase in median property values for Sunshine,3020 has given property investors a potential capital gain of 48.62% across each of those five years.
Sunshine3020 is located in VIC which offers an average discount of -6.82% to property investors. Sunshine itself is showing figures that indicate -6.54% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Sunshine the average time real estate has been on the market is 72.4375 days.
Sunshine, 3020’s gross rental yield is 2.85%
Giving property investors a a stable capital gain of 4.86% for the last year, Sunshine, 3020 is the 342th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Sunshine comes in at number 280th in VIC.
Sunshine, 3020 is offering VIC ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.04%, investors should hope to achieve an overall return of 4.96%