Thinking about buying in Sunshine? Now could not be a better time, with 6307 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,100,000 with prices in this suburb ranging from $116,000 to $7,723,000. Sunshine is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $334.59 |
Median Monthly Mortgage | $1877.23 |
Median Persons Per Bedroom | 0.95 |
Average Household Size | 3.00 |
Average Age | 34.23 |
Average Income | $669.64 |
Average Cars Per Dwelling | 1.58 |
Average Properties Within 50M | 27 |
1 Bed  $722,000 |
2 Bed  $808,000 |
3 Bed  $1,179,000 |
4 Bed  $1,379,000 |
5 Bed  $1,382,000 |
6 Bed+$1,604,000 |
Consistent high demand relative to supply is a key feature in Sunshine driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Sunshine due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Sunshine changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Sunshine to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Sunshine we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Sunshine a better buying opportunity than it may have been in the past.
12 KINNANE CR, SUNSHINE, VIC, 3020 | 3 | 1 | 2 | $1,150,000 | |
19 HAMPSHIRE RD, SUNSHINE, VIC, 3020 | 3 | 2 | 2 | $790,000 - $840,000 | |
51 DUKE ST, SUNSHINE, VIC, 3020 | 3 | 1 | 6 | Price Reduction 840,000 - 880,000!!! | |
UNIT 2, 96 HERTFORD RD, SUNSHINE, VIC, 3020 | 3 | 2 | 1 | 550000 | |
92A HAMPSHIRE RD, SUNSHINE, VIC, 3020 | 3 | 2 | 1 | 670000 | |
64 MONASH ST, SUNSHINE, VIC, 3020 | 1 | 1 | 0 | 1600000 |
Sunshine Primary School
Sunshine College
Our Lady of the Immaculate Conception School
Sunshine Harvester Primary School
Braybrook College
St Peter's School
St Theresa's School
Sunshine Special Developmental School
Caroline Chisholm Catholic College
Albion Primary School
(While the above schools are located with the suburb of Sunshine there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
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