VIC has seen average median house prices change by 22.78% which means that Sunshine, 3020 has done well for property investors by showing a capital gain of 32.21% over the last year
Sunshine,3020 has offered an average of 32.21% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Sunshine 3020 should be seeing an average reduction in asking price of around 0.00% . This means that Sunshine is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 9.75 sales per month, which equates to 117 per year.
Sunshine is 658th on a list of best yielding suburbs for rents in VIC with a 0.00% return
VIC has seen average median house prices change by 22.48% which means that Sunshine, 3020 has done well for property investors by showing a capital gain of 30.76% over the last year
Sunshine,3020 has offered an average of 30.76% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Sunshine is offering property investors an average of -2.09. This rate of discount on properties puts Suburb at number 123th in terms of most discounted suburbs in VIC
With the median price for a house in Sunshine being $653650 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 2.05%