Suburb Profile Report for Sunbury VIC (3429)

Sunbury House: Median price $457,500, Annual capital growth 6.31%, Number of sales 645, Weekly median advertised rent $360

Sunbury Unit: Median price $360,000, Annual capital growth 4.52%, Number of sales 118, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 17.31% for the last year, Sunbury, 3429 is the 694th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Sunbury,3429 has racked up an average of 17.31% over the period. This ranks it number 1587th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Sunbury should be aiming for at least -4.63% off the asking price, which is the average vendor discount being achieved at the moment.

At number 124 in a list of fastest selling suburbs, Sunbury is in the TOP 20% of suburbs in Australia with an average of days on market 15.82 for properties listed there.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

At number 470th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunbury, 3429 is in the top 30% with a property value increase of 10.77% recorded in median house prices.

Sunbury,3429 has offered an average of 10.77% return per annum in house price rises to property investors over the last three years.

At number 17th of VIC’s most discounted properties, Sunbury is in the TOP 20% of the state/territory when listing in order of most discounted to least.

At number 2 in a list of fastest selling suburbs, Sunbury is in the TOP 10% of suburbs in Australia with an average of days on market 6.36 for properties listed there.

Using the current median advertised rental of $322.5 and the average annual increase in value of a median property of 4.52%, investors should hope to achieve an overall return of 4.66%

Metrics i HOUSE UNIT
$457,500 $360,000
6.40% 2.86%
17.31% 10.77%
6.31% 4.52%
$360 $323
645 118
4.09% 4.66%
15.82 6.36

Source: CoreLogic

DSR Score for property investment : Excellent (U), Very good (H)
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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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