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Sunset Strip

Suburb Profile

Sunset Strip - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3922

house

Based on its average 5-year and quarterly capital gains SUNSET STRIP, 3922 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SUNSET STRIP, 3922 obtained a 8.41% growth over a ten-year period. It ranks 131st on our list of suburbs that property investors should look into.

SUNSET STRIP, 3922 in VIC belongs to the local government area of Bass Coast (S).

SUNSET STRIP, 3922 has a capital gain of 21.99% for the past year, which is higher than average compared to its 57.27% growth within a five-year period.

With the median home price in SUNSET STRIP sitting at $475,750, and the average rent at $350, property owners could potentially earn a 3.83% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SUNSET STRIP are low, as opposed to average gains per annum over the past five years.

A 21.99% increase in median property prices in SUNSET STRIP, 3922 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 30th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $475,750 N/A
GROWTH REPORT
Median Quarterly 3.42% N/A
Median 12 month 21.99% N/A
Median 3 years 48.67% N/A
Median 5 years 57.27% N/A
10 years average annual 8.41% N/A
Weekly media advert. rent $350 N/A
Time on Market 66.6 days N/A
Gross Rental Yield Percent 3.83% N/A
demographics (median values)
Total Population
262
Weekly Household Income
664.4
Household Size
2.50
demographics
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