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
35A Dunbar Av, Sunshine 4 House (Res) Auction Sale 16/03/2019 Barry Plant
2 Lorenz St, Sunshine 3 House (Res) Passed in Vendor Bid 16/03/2019 Bells Real Estate
5 Norma St, Sunshine 5 House (Res) Auction Sale 16/03/2019 Bells Real Estate
85 Parsons St, Sunshine 4 House (Res) Passed in Vendor Bid 16/03/2019 Jas Stephens - Yarraville

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$712k

Metro Melbourne

$797k

Quarterly Price Change

0.2%

Metro Melbourne

-3.7%

Median Rent

$350

Metro Melbourne

$450

Rental Yield

2.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 45.1%
Days on Market n/a 42
Median price by Bedrooms Suburb Metro
2 Bedrooms $585,000 $870,000
3 Bedrooms $741,000 $733,000
4 Bedrooms $900,000 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $350 $420
4 Bedrooms n/a $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$391k

Metro Melbourne

$597k

Annual Price Change

-14.3%

Metro Melbourne

1.8%

Median Rent

$330

Metro Melbourne

$420

Rental Yield

4.4%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 45.1%
Days on Market n/a 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $385,000 $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $230 $370
2 Bedrooms $340 $440
3 Bedrooms $400 $521

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