With a capital gain of 7.14% for the last 12 months, Sunshine, 3020 has performed for property investments than its average annual 6.02% property growth over the last 5 years.
Comparing Sunshine,3020 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Sunshine are currently offering property investors an average price cut of -2.41% below the asking price at the moment.
At number 965 in a list of fastest selling suburbs, Sunshine is in the TOP 30% of suburbs in Australia with an average of days on market 58.4545 for properties listed there.
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
Sunshine, 3020 ranked 45th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sunshine is one of 2099 in our list for VIC
While Sunshine,3020 ranked number 170th in VIC for increase in median house value (annualised) increase, it is ranked 262th over the last 5 years.
Property investors should expect to get $327.5 weekly from the median priced house in this suburb.