Suburb Profile Report for Sunbury VIC (3429)

Sunbury House: Median price $540,000, Annual capital growth 7.58%, Number of sales 574, Weekly median advertised rent $385

Sunbury Unit: Median price $395,000, Annual capital growth 4.74%, Number of sales 47, Weekly median advertised rent $340

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

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$540,000 $395,000
0.00% -0.62%
4.60% 9.45%
7.58% 4.74%
$385 $340
574 47
3.71% 4.43%
38.76621 51.173912

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. 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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