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Investment Property Sunshine North, VIC, 3020

Suburb Snapshot

Sunshine North is a suburb in the Brimbank Region of Victoria. Sunshine North has a population of 11,697 people and 24.59% of its occupants live in rental accommodation. The median listing price for houses is $740,000 and this has changed 0.00% over the past year and changed -2.64% over 2 years.

The median rent in Sunshine North for houses is $480 per week and the median rental yield is 3.37%. Stock on the market for houses/townhouses has changed -5.15% compared to last year and the average time to sell a house/townhouse is 109 days.The median listing price for units is $492,500 and this has changed -10.46% over the past year. The average unit takes 178 days to sell and the median rent for a unit in Sunshine North is $430 per week, producing a rental yield of 4.54%.

Supply & Demand in Sunshine North, Brimbank

0.91%

Current vacancy rate


46

Rental stock available


11,697

Population


24.59%

Rental population


0.69%

Current vacancy rate


530

Rental stock available


194,317

Population


23.53%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Sunshine North, Brimbank

  House Townhouses Units
Median listing price $740,000 $670,000 $492,500
Median price change - last quarter -1.34% 0.00% -1.50%
Median price change - 1 year 0.00% 1.51% -10.46%
Median price change - 2 years -2.64% -1.84% -0.51%
  House Townhouses Units
Median weekly rent $480 $580 $430
Median yield % 3.37% 4.50% 4.54%
Median rent change - 1 year 6.66% 5.45% 22.85%
  House Units
Previous month sales 13 7
Stock on market previous month 92 7
Stock variance vs. last year -5.15% -12.50%
Average days on market 109 178

Sunshine North investment property listings

Showing 1 of 1 investment properties found in Sunshine North on realestateinvestar.com.au

N/A, SUNSHINE NORTH

$695,000

property pic
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3

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3

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1

Townhouse

VIC 3020


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