Sunset Strip VIC 3922

Here you can find what you need to know about Sunset Strip, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$393k Median Sale Price (National Average $485k) 542nd In VIC
12.95% Median Price Change (1 yr) (National Average 4.30%) 140th In VIC
$300pw Median Rent (National Average $395) 551st In VIC
4.0% Median Gross Yield (National Average 4.24%) 193rd In VIC
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Properties sold 20
Average discounting -3.67%
Average Days on Market 77
Stock on Market 6 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Sunset Strip, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Sunset Strip, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Sunset Strip, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Sunset Strip


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
VIC 48 59%
ACT 35 44%
NSW 213 57%
NT 11 0%
QLD 22 38%
SA 42 17%
WA 18 25%

Local Schools


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Suburb Information

Sunset Strip, VIC 3922

Part of: Bass Coast Council No data available

The size of Sunset Strip is approximately 0.4 square kilometres. The population of Sunset Strip in 2011 was 339 people. By 2016 the population was 441 showing a population growth of 30.1% in the area during that time. The predominant age group in Sunset Strip is 0-9 years. Households in Sunset Strip are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sunset Strip work in a trades occupation. In 2011, 69% of the homes in Sunset Strip were owner-occupied compared with 61.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Sunset Strip

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Sunset Strip   for Houses in last 12 months


There have been 17 Houses sold in Sunset Strip in the past 12 months with a median sale price of $390K, up 11.43% annually. It takes on average 54 days to sell with vendor discounting of -3.84%.

Streets in Sunset Strip


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