Profile for Sunshine

3020

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.

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Median data for March Quarter 2021. Click here for details.

Median Sale Price

$877k

Metro Melbourne

$1mil

Quarterly Price Change

10.8%

Metro Melbourne

8.8%

Median Rent

$430

Metro Melbourne

$480

Rental Yield

2.7%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 91.7% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
2 Bedrooms $635,000 $930,000
3 Bedrooms $859,000 $810,000
4 Bedrooms $870,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms n/a $450
4 Bedrooms n/a $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$673k

Metro Melbourne

$673k

Quarterly Price Change

-0.2%

Metro Melbourne

4.8%

Median Rent

$303

Metro Melbourne

$400

Rental Yield

2.4%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 91.7% 83.8%
Days on Market n/a 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms n/a $600,000
3 Bedrooms $667,000 $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms n/a $420
3 Bedrooms n/a $525

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