Market snapshot

Suburb insights for Sunshine3020

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Sunshine is located 12 km west of the CBD. Sunshine is the major commercial industrial and transport centre for the middle and outer western suburbs of Melbourne. It is a highly multicultural suburb comprising a significant Vietnamese community. Although there has been a decrease in manufacturing employment since the early 1980s it still provides a quarter of all jobs for Sunshine's workforce. Sunshine is the railway junction for the Ballarat and St Albans railway lines and features the Footscray TAFE - Sunshine Campus and the Sunshine Centre Plaza.

Recent sales and auction results in Sunshine

AddressBedroomsPriceTypeMethodSale DateAgentListing
18 Hampshire Rd, Sunshine2PriceHouse (Res)Auction Sale22/06/2024One Agency Carlo Puglia PropertyView
38 Dulcie St, Sunshine4PriceHouse (Res)Sold Before Auction17/06/2024Barry PlantView

Sales data

Median sale price
$830k
Quarterly price change
-1.2%
Metro Melbourne Comparison
$929k
2%
BedroomsSunshineMetro comparison
2-$920,000
3$810,000$810,000
4$907,500$965,000
InsightSunshineMetro comparison
Clearance rate62.5%75.3%
Days on market5740

Rental data

Median weekly rent
$470
Rental yield
3%
Metro Melbourne Comparison
$550
3.1%
BedroomsSunshineMetro comparison
2$380$550
3$470$520
4$600$575
Median data for the current quarter

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