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Sunshine WestSunshine West - SUBURB PROFILE REPORT
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The suburb’s capital gain of 4.7% for the past year is lower than average compared to its 46.79% growth within a five-year period.
Also in SUNSHINE WEST, the median home price is sitting at $651,000, and the average rent at $360, this suggests property owners could potentially earn a 2.88% increase in gross rental yield.
Property investors have seen a 0.15% gain in SUNSHINE WEST based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.29% growth over a ten-year period. It ranks 1394th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $651,000 | $485,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.15% | -3.96% |
| Median 12 month | 4.7% | -2.02% |
| Median 3 years | 6.2% | 10.98% |
| Median 5 years | 46.79% | 34.91% |
| 10 years average annual | 5.29% | 3.22% |
| Weekly media advert. rent | $360 | $372.5 |
| Time on Market | 80.2 days | 75.2 days |
| Gross Rental Yield Percent | 2.88% | 3.99% |
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