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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 -3.27% 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 16.67% 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 181 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

0.61%

Current vacancy rate


31

Rental stock available


11,697

Population


24.59%

Rental population


0.65%

Current vacancy rate


502

Rental stock available


194,317

Population


23.53%

Rental population


0.94%

Current vacancy rate


29,256

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% 0.75% -10.46%
Median price change - 2 years -3.27% -1.48% -0.51%
  House Townhouses Units
Median weekly rent $480 $560 $430
Median yield % 3.37% 4.34% 4.54%
Median rent change - 1 year 6.66% 1.81% 24.63%
  House Units
Previous month sales 21 2
Stock on market previous month 105 8
Stock variance vs. last year 16.67% -33.33%
Average days on market 109 181

Sunshine North investment property listings

Showing 2 of 2 investment properties found in Sunshine North on realestateinvestar.com.au

28 Cooke Ave, SUNSHINE NORTH

$700,000

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House

VIC 3020


62 Auburn Ave, Sunshine North

$0

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Development Site

Large Industrial site of 580m2 in this outstanding Sunshine North Location, within close proximity to the Western Ring Road, Tullamarine Freeway and all major arterial roads. This is your opportunity to purpose build for your future or alternatively utilize the existing warehouse and hardstand ...

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Commercial

VIC 3020


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