Giving property investors a an average capital gain of 1.67% for the last year, Sunshine, 3020 is the 2374th highest performer in Australia in this respect.
Over the longer term, Sunshine has seen property prices show investors a 47.34% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Sunshine 3020 should be seeing an average reduction in asking price of around -2.13% . This means that Sunshine is holding prices well when compared to other suburbs in VIC.
At number 2134 in a list of fastest selling suburbs, Sunshine is just in the top half of suburbs in Australia with an average of days on market 69.8 for properties listed there.
At number 1534th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunshine, 3020 is in the BOTTOM 20% with a property value increase of -11.98% recorded in median house prices.
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.
Sellers are offering property buyers an average discount of -2.38% to buyers in Sunshine at the moment, which is less than average for the rest of VIC.
Renters in Suburb are facing rents around $18330 per annum or $352.5 every week.