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 June Quarter 2022. Click here for details.

Median Sale Price

$870k

Metro Melbourne

$1.08m

Quarterly Price Change

-1.1%

Metro Melbourne

-2.9%

Median Rent

$385

Metro Melbourne

$490

Rental Yield

2.2%

Metro Melbourne

2.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 54.5% 70.7%
Days on Market 84.5 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $1,075,000
3 Bedrooms $878,500 $947,000
4 Bedrooms $1,085,000 $1,200,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $385 $460
4 Bedrooms n/a $525

Median data for June Quarter 2022. Click here for details.

Median Sale Price

$506k

Metro Melbourne

$671k

Annual Price Change

-7.4%

Metro Melbourne

3.2%

Median Rent

$308

Metro Melbourne

$420

Rental Yield

2.7%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 54.5% 70.7%
Days on Market 84.5 34
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms $510,500 $630,000
3 Bedrooms $772,500 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $340
2 Bedrooms $365 $425
3 Bedrooms n/a $540

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