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Investment Property Sunshine West, VIC, 3020

Suburb Snapshot

Sunshine West is a suburb in the Brimbank Region of Victoria. Sunshine West has a population of 18,583 people and 24.38% of its occupants live in rental accommodation. The median listing price for houses is $655,000 and this has changed -2.61% over the past year and changed -5.08% over 2 years.

The median rent in Sunshine West for houses is $420 per week and the median rental yield is 3.33%. Stock on the market for houses/townhouses has changed -15.85% compared to last year and the average time to sell a house/townhouse is 105 days.The median listing price for units is $495,000 and this has changed 5.54% over the past year. The average unit takes 107 days to sell and the median rent for a unit in Sunshine West is $370 per week, producing a rental yield of 3.88%.

Supply & Demand in Sunshine West, Brimbank

0.56%

Current vacancy rate


41

Rental stock available


18,583

Population


24.38%

Rental population


0.59%

Current vacancy rate


447

Rental stock available


194,317

Population


23.53%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Sunshine West, Brimbank

  House Townhouses Units
Median listing price $655,000 $610,000 $495,000
Median price change - last quarter 0.00% 2.52% 6.45%
Median price change - 1 year -2.61% 5.17% 5.54%
Median price change - 2 years -5.08% 5.17% 3.12%
  House Townhouses Units
Median weekly rent $420 $480 $370
Median yield % 3.33% 4.09% 3.88%
Median rent change - 1 year 10.52% 11.62% 5.71%
  House Units
Previous month sales 5 0
Stock on market previous month 69 5
Stock variance vs. last year -15.85% -37.50%
Average days on market 105 107

Sunshine West investment property listings

Showing 5 of 73 investment properties found in Sunshine West on realestateinvestar.com.au

204/11 Champa Rd, Sunshine West

$290,000

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Stylish and Spacious Apartment

Come and enjoy a refined, modern living space in the heart of Sunshine West. An exceptional opportunity awaits, whether you are a first home buyer or an investor seeking a good yield investment. This stunning one bedroom apartment boasts an open plan design that seamlessly incorporates living and ...

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Unit

VIC 3020


42 Collenso St, Sunshine West

$700,000

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Prime Location, Tremendous Potential.

Nestled in the heart of Sunshine West, this expansive brick veneer family home sits on an impressive block spanning approximately 697m2, offering endless potential for home buyers, investors, renovators, or developers (STCA). Upon entering, you're welcomed by a spacious foyer leading seamlessly to ...

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House

VIC 3020


50 Killara St, Sunshine West

$730,000

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Immaculate Brick Home In The Heart Of Sunshine West.

This meticulously cared-for family home boasts flawless quality inside and out, designed to endure and now beckoning the next generation. Nestled in a tranquil, family-friendly neighbourhood and conveniently situated, this property offers a wealth of benefits, whether you're looking for a cozy ...

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House

VIC 3020


33 Durant Ave, Sunshine West

$660,000

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Urban Elegance: 4-Bed Sanctuary

Experience the epitome of urban living in this exquisite 4-bedroom brick veneer townhouse, meticulously crafted to cater to the needs of first-time buyers, growing families, and shrewd investors alike. This home is a sanctuary of modernity and sophistication, graced by an open plan kitchen adorned ...

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Townhouse

VIC 3020


11 Mourell St, Sunshine West

$590,000

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RENOVATE FOR FAMILY LIVING OR INVESTMENT

Looking for a property with great potential for value adding, this is it. Solid brick veneer on a large block of 553m2 (approx.) lending itself to being refreshed, renovated, extended, or redeveloped into your dream home or multiple residences (STCA). Comprising of entry foyer, large formal lounge ...

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House

VIC 3020


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