Suburb Profile Report for Sunbury VIC (3429)

Sunbury House: Median price $517,500, Annual capital growth 7.41%, Number of sales 690, Weekly median advertised rent $370

Sunbury Unit: Median price $375,000, Annual capital growth 4.72%, Number of sales 104, Weekly median advertised rent $325

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 11.11% which means that Sunbury, 3429 has done well for property investors by showing a capital gain of 26.22% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunbury has increased when compared to the 5 year average annual rate.

Sunbury3429 is located in VIC which offers an average discount of -5.04% to property investors. Sunbury itself is showing figures that indicate -3.13% is the average achievable by property buyers investing in the suburb.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 7.41%.

Giving property investors a a stable capital gain of 11.94% for the last year, Sunbury, 3429 is the 389th highest performer in Australia in this respect.

While Sunbury,3429 ranked number 117th in VIC for increase in median house value (annualised) increase, it is ranked 211th over the last 5 years.

Property investors looking for a bargain in Sunbury should be aiming for at least -4.35% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $325 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$517,500 $375,000
5.18% 3.31%
26.22% 11.94%
7.41% 4.72%
$370 $325
690 104
3.72% 4.51%
30.8 45.19

Source: CoreLogic

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