REDBANK PLAINS 
1 MIN READInvestors Flock To QLD As Vacancy Rates Stay Ridiculously Low
Showcasing the popularity of Queensland as an investor haven, new investor loan commitments in the state reached $1.86 b...
Read More
SunshineSunshine - SUBURB PROFILE REPORT
SHARE 
Property investors enjoyed capital gains of 10.36% over the last 12 months in SUNSHINE, translating to lower returns compared with its peers in VIC.
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.17% growth over a ten-year period. It ranks 1564th on our list of suburbs that property investors should look into.
SUNSHINE, 3020 has a capital gain of 10.36% for the past year, which is higher than average compared to its 37.87% growth within a five-year period.
With the median home price in SUNSHINE sitting at $841,000, and the average rent at $360, property owners could potentially earn a 2.23% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in SUNSHINE are high, as opposed to average gains per annum over the past five years.
SUNSHINE, 3020 in VIC belongs to the local government area of Brimbank (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $841,000 | $645,000 |
| GROWTH REPORT | ||
| Median Quarterly | 11.98% | 9.32% |
| Median 12 month | 10.36% | 64.33% |
| Median 3 years | 10.66% | 79.17% |
| Median 5 years | 37.87% | 69.07% |
| 10 years average annual | 7.17% | 9% |
| Weekly media advert. rent | $360 | $350 |
| Time on Market | 83.4 days | 79.7 days |
| Gross Rental Yield Percent | 2.23% | 2.82% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
