Giving property investors a a poor capital gain of -0.73% for the last year, Sunshine, 3020 is the 3819th highest performer in Australia in this respect.
While Sunshine,3020 ranked number 728th in VIC for increase in median house value (annualised) increase, it is ranked 541th over the last 5 years.
Our latest figures would indicate that property sellers in Sunshine are currently offering property investors an average price cut of -6.13% below the asking price at the moment.
At number 2826 in a list of fastest selling suburbs, Sunshine is in the bottom 30% of suburbs in Australia with an average of days on market 79.88 for properties listed there.
Sunshine is 435th on a list of best yielding suburbs for rents in VIC with a 2.56% return
Residents and property investors in Sunshine have been waiting around 68.4545 days to sell a property.
Using the current median advertised rental of $332.5 and the average annual increase in value of a median property of 7.47%, investors should hope to achieve an overall return of 2.96%