SUNSHINE 3020
State: VICPosiProp AI Investment Summary
SUNSHINE (VIC 3020) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 7.6%, with a median house buy price of $850,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$690,000
$845,000
$1,002,500
$850,000
Suburb Market Profile
Last month Sunshine had 49 properties available for rent and 45 properties for sale. Median property prices over the last year range from $850,000 for houses to $467,500 for units. If you are looking for an investment property, consider houses in Sunshine rent out for $540 PW with an annual rental yield of 3.5% and units rent for $460 PW with a rental yield of 4.7%. Sunshine has seen an annual compound growth rate of 7.6% for houses and -11.8% for units.
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