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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 $650,000 and this has changed 0.00% over the past year and changed -2.99% over 2 years.

The median rent in Sunshine West for houses is $460 per week and the median rental yield is 3.68%. Stock on the market for houses/townhouses has changed -12.16% compared to last year and the average time to sell a house/townhouse is 110 days.The median listing price for units is $460,000 and this has changed -7.08% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Sunshine West is $420 per week, producing a rental yield of 4.74%.

Supply & Demand in Sunshine West, Brimbank

0.71%

Current vacancy rate


52

Rental stock available


18,583

Population


24.38%

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


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 $650,000 $619,000 $460,000
Median price change - last quarter 0.00% -0.17% -2.05%
Median price change - 1 year 0.00% -0.17% -7.08%
Median price change - 2 years -2.99% 5.81% -1.92%
  House Townhouses Units
Median weekly rent $460 $550 $420
Median yield % 3.68% 4.62% 4.74%
Median rent change - 1 year 9.52% 12.24% 10.52%
  House Units
Previous month sales 22 2
Stock on market previous month 65 9
Stock variance vs. last year -12.16% 50.00%
Average days on market 110 85

Sunshine West investment property listings

Showing 4 of 4 investment properties found in Sunshine West on realestateinvestar.com.au

4 Bambara Ct, Sunshine West

$750,000

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Brick Built Brilliance on Bambara

Tucked away in a quiet court, this solid brick family home delivers generous proportions and practical liveability that's increasingly hard to find in Melbourne's thriving west. Three bedrooms, a large open living and dining zone, a separate kitchen and a covered front verandah running the full ...

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VIC 3020


1/13 Hall St, Sunshine West

$500,000

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Highlights, Heritage And Heart In Hall Street

Positioned on a subdivided block with its own street frontage and only one other single-storey residence at the rear, this refreshed three-bedroom period home offers a comfortable, characterful base in a convenient Sunshine West setting - an equally appealing proposition for first home buyers and ...

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House

VIC 3020


276 Wright St, Sunshine West

$800,000

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Space, Substance, Sunshine West

Some homes carry a sense of having been genuinely lived in and genuinely loved, and this three-bedroom brick veneer residence on Wright Street is one of them. Cared for over many years by the same family, it arrives on the market with all the warmth and solidity of a home that has served people ...

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House

VIC 3020


5-7 Korowa St, Sunshine West

$0

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The Kosky Residence

There are properties, and then there are landmarks. Built circa 1975 by prominent local builder Mr Kosky as his own private family home, The Kosky Residence has commanded the attention of Sunshine West for more than half a century - and standing before it today, it is not difficult to understand ...

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House

VIC 3020


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