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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Recent Sales & Auction Results in Sunshine

Address Price Type Method Sale Date Agent
Property List
5 Dundalk St, Sunshine 3 House (Res) Passed in at Auction 18/05/2024 Burnham

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$830k

Metro Melbourne

$929k

Quarterly Price Change

-1.2%

Metro Melbourne

2%

Median Rent

$470

Metro Melbourne

$550

Rental Yield

3%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 62.5% 75.3%
Days on Market 57 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $810,000 $810,000
4 Bedrooms $907,500 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $380 $550
3 Bedrooms $470 $520
4 Bedrooms $600 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$635k

Metro Melbourne

$635k

Quarterly Price Change

42.2%

Metro Melbourne

0.3%

Median Rent

$370

Metro Melbourne

$520

Rental Yield

3.4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 62.5% 75.3%
Days on Market 57 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $477,500 $600,000
3 Bedrooms $660,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $310 $450
2 Bedrooms $380 $540
3 Bedrooms $513 $620

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