VIC/
Sunshine north

Suburb Profile

Sunshine North - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3020

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A steady increase in median property prices over a five-year period in the suburb translates to a 54.27% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $651,000

The augmented property values in the suburb are trailing above the territorial average of 11.1% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in SUNSHINE NORTH usually have to wait an average of 79.3 days days before their assets are lifted off the market.

The VIC suburb ranks 380th on the list of best yielding suburbs for rental properties in VIC, posting a 2.8% return.

It also places places 537th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $651,000 $429,000
GROWTH REPORT
Median Quarterly -0.61% 2.14%
Median 12 month 14.21% 4.25%
Median 3 years 54.27% 24.35%
Median 5 years 66.92% 51.86%
10 years average annual 9.99% 5.91%
Weekly media advert. rent $350 $335
Time on Market 79.3 days 56.9 days
Gross Rental Yield Percent 2.8% 4.06%
demographics (median values)
Total Population
10159
Weekly Household Income
716.4
Household Size
2.80
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Sunshine North, VIC
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