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

7A Sophia St, Sunshine West

$590,000

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Low Maintenance Living in Prime Location

Whether you are looking for a first home, an investment, or it's time for you to downsize, this well presented home delivers comfort, quality and a low maintenance lifestyle. Step inside to a well-considered floor plan that immediately impresses, includes a light-filled open plan living and dining ...

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House

VIC 3020


129 Glengala Rd, Sunshine West

$900,000

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Elegant Family Living with Contemporary Sophistication.

Immaculately maintained and beautifully presented, this four-bedroom, two-bathroom residence offers an outstanding family lifestyle defined by space, comfort and modern elegance. The main suite is a welcoming retreat with walk-in robe and private ensuite, while three further bedrooms are each ...

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House

VIC 3020


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