Suburb Profile Report for Sunbury VIC (3429)

Sunbury House: Median price $540,000, Annual capital growth 6.12%, Number of sales 583, Weekly median advertised rent $395

Sunbury Unit: Median price $399,000, Annual capital growth 4.33%, Number of sales 52, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Sunbury has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.69%

Sunbury,3429 has offered an average of 0.69% return per annum in house price rises to property investors over the last three years.

The most recent median price for Sunbury is $540000, with sellers offering an average of -6.07% off the asking price.

With the median price for a house in Sunbury being $540000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.80%

Sunbury, 3429 ranked 247th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sunbury is one of 2099 in our list for VIC

When looking at the potential capital gains offered to property investors over the last 3 years, Sunbury comes in at number 106th in VIC.

At number 169th of VIC’s most discounted properties, Sunbury is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Sunbury the average time real estate has been on the market is 36.9167 days.

Sunbury is 112th on a list of best yielding suburbs for rents in VIC with a 4.56% return

Metrics i HOUSE UNIT
$540,000 $399,000
1.74% 1.66%
0.69% 0.00%
6.12% 4.33%
$395 $350
583 52
3.80% 4.56%
50.1008064516129 36.9166666666667

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 34030
Median household income ($/weekly) 1432
Median age of persons 36
Median housing loan repayment ($/monthly) 1690
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 4822 14.2
    25-34 years 4273 12.6
    35-44 years 5044 14.8
    45-54 years 5067 14.9
    55-64 years 3868 11.4
    Others 10956 32.2
    Age Group
    Census Count Percent(%)
    Registered Married 12789 51.4
    Not Married 9742 39.1
    Defacto Relationship 2371 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 27426 84.1
    Indonesia 251 0.8
    Papua New Guinea 500 1.5
    United Kingdom 1799 5.5
    Other 577 1.8
    Others 2044 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 234 0.8
    Christianity 22638 72.6
    Islam 143 0.5
    Other Religious Groups 117 0.4
    No Religion 7941 25.5
    Others 127 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 980 9.3
    $1,250-$1,499 955 9.1
    $1,500-$1,999 1655 15.8
    $2,000-$2,499 1275 12.2
    $2,500-$2,999 977 9.3
    Others 4649 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 11096 43.2
    Not in the labour force 7468 29.1
    Employed, worked part-time 5278 20.5
    Employed, away from work 1055 4.1
    Unemployed, looking for work 799 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2690 15.4
    Technicians & trades workers 2989 17.1
    Community & personal service workers 1893 10.9
    Clerical & administrative workers 3243 18.6
    Sales 1805 10.4
    Others 4812 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 581 7.1
    Infants/Primary 2964 36.0
    Secondary 2589 31.5
    Technical or Further Educational Institution 692 8.4
    University or other Tertiary Institutions 1113 13.5
    Others 292 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 30474 94.4
    Flat, unit or apartment 1193 3.7
    Semi-detached, row or terrace house, townhouse 604 1.9
    House or flat attached to a shop, office 21 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5852 51.0
    Fully owned 3419 29.8
    Rented 2154 18.8
    Other tenure type 44 0.4
    Tenure Type
Census 2011, ABS
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