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
16B Dulcie St, Sunshine4PriceHouse (Res)Passed in at Auction20/07/2024Douglas Kay Sunshine
2/14 Rawson Av, Sunshine3PriceUnitAuction Sale20/07/2024N7 Real EstateView
61 Chapman St, Sunshine4PriceHouse (Res)Sold Before Auction10/07/2024Jas Stephens - YarravilleView
38 Ardoyne St, Sunshine3PriceHouse (Res)Private Sale4/07/2024Douglas Kay SunshineView
124 Wright St, Sunshine3PriceHouse (Res)Private Sale12/07/2024Obrien Real Estate

Sales data

Median sale price
$855k
Quarterly price change
3%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsSunshineMetro comparison
2$725,000$902,500
3$810,000$810,000
4$1,045,000$955,000
InsightSunshineMetro comparison
Clearance rate61.1%73.8%
Days on market6542

Rental data

Median weekly rent
$480
Rental yield
3%
Metro Melbourne Comparison
$560
3.2%
BedroomsSunshineMetro comparison
2$390$550
3$470$540
4$605$580
Median data for the current quarter
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