Property investors who have had real estate in Sunshine, 3020 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.67%
A 73.92% growth in median value for property investors in Sunshine,3020 puts this suburb at number 612th in terms of best performing suburbs in VIC
The most recent median price for Sunshine is $741750, with sellers offering an average of -2.13% off the asking price.
Renters in Suburb are facing rents around $18720 per annum or $360 every week.
At number 951th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunshine, 3020 is in the BOTTOM 50% with a property value increase of -1.37% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Sunshine comes in at number 294th in VIC.
Vendor discounting in Sunshine is giving property investors an average Vendor Discount of around -2.38%. This puts suburb at number 260th in VIC when ranking the most discounted suburbs.
Residents and property investors in Sunshine have been waiting around 123 days to sell a property.