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.

Recent Sales & Auction Results in Sunshine

Address Price Type Method Sale Date Agent
Property List
7 Parsons St, Sunshine 3 House (Res) Sold Before Auction 10/07/2020 hockingstuart
70 Chapman St, Sunshine 3 House (Res) Sold Before Auction 04/07/2020 Jas Stephens - Yarraville

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$876k

Metro Melbourne

$893k

Quarterly Price Change

7.4%

Metro Melbourne

3.7%

Median Rent

$390

Metro Melbourne

$460

Rental Yield

2.7%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 73.1%
Days on Market n/a 32
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $880,000
3 Bedrooms $763,000 $750,000
4 Bedrooms n/a $885,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms n/a $440
4 Bedrooms n/a $490

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$600k

Metro Melbourne

$623k

Annual Price Change

53.3%

Metro Melbourne

4.6%

Median Rent

$290

Metro Melbourne

$430

Rental Yield

2.5%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.7% 73.1%
Days on Market n/a 32
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,575
2 Bedrooms n/a $585,000
3 Bedrooms n/a $775,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $375
2 Bedrooms n/a $450
3 Bedrooms n/a $530

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