Giving property investors a a stable capital gain of 4.60% for the last year, Sunbury, 3429 is the 1348th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Sunbury has given property investors a paper return of 0.00%. This puts Suburb as 261 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Sunbury is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 422th in terms of most discounted suburbs in VIC
At number 185 in a list of fastest selling suburbs, Sunbury is in the TOP 10% of suburbs in Australia with an average of days on market 38.7662 for properties listed there.
Advertised rents are around the $385 mark per week – giving a return of 3.71% based on the median price in Suburb
Property investors who have had real estate in Sunbury, 3429 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.45%
Over the longer term, Sunbury has seen property prices show investors a 21.63% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Sunbury 3429 should be seeing an average reduction in asking price of around -3.19% . This means that Sunbury is holding prices well when compared to other suburbs in VIC.
Situated 33.65km from the CBD, Sunbury is one of Hume (C) localities in the postcode 3429.