Sunshine, 3020 ranked 459th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sunshine is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunshine has increased when compared to the 5 year average annual rate.
At number 650th of VIC’s most discounted properties, Sunshine is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Sunshine the average time real estate has been on the market is 64.05 days.
If you compare the increase in value of investment property in Sunshine, 3020 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -8.45%.
Across a shorter period, Sunshine, 3020 has seen a median price increase of -5.35% over the last quarter.
The most recent median price for Sunshine is $336000, with sellers offering an average of -4.22% off the asking price.