VIC/
Sunshine west

Suburb Profile

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

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SUNSHINE WEST ranks 126th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 18.37% for the past year is higher than average compared to its 56.76% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in SUNSHINE WEST, the median home price is sitting at $580,000, and the average rent at $350, this suggests property owners could potentially earn a 3.14% increase in gross rental yield.

Property investors have seen a 5.45% gain in SUNSHINE WEST based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on SUNSHINE WEST, 3020 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 18.37%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.63% growth over a ten-year period. It ranks 92nd on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $580,000 $450,000
GROWTH REPORT
Median Quarterly 5.45% 2.86%
Median 12 month 18.37% 18.42%
Median 3 years 50.65% 31.33%
Median 5 years 56.76% 29.68%
10 years average annual 9.63% 10.11%
Weekly media advert. rent $350 $324
Time on Market 65.4 days 47.8 days
Gross Rental Yield Percent 3.14% 3.74%
demographics (median values)
Total Population
15909
Weekly Household Income
769.7
Household Size
2.90
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