Sunshine North VIC 3020

Here you can find what you need to know about Sunshine North, 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

$655k Median Sale Price (National Average $485k) 321st In VIC
$365pw Median Rent (National Average $395) 416th In VIC
2.9% Median Gross Yield (National Average 4.24%) 431st In VIC
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Investment Strategy Scores

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

Example Only
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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.

Sunshine North, 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.

Sunshine North, 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.

Sunshine North, 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.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Sunshine North


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Latest Auction Results for Sunshine North as at 14 April 2019

Property Details
Sale Price
3Bed / 1Bath / Car / House
$595,000
3Bed / 1Bath / 2Car / House
Passed In
5Bed / 1Bath / Car / House
$565,000
4Bed / 2Bath / Car / House
Passed In
3Bed / 1Bath / Car / House
-

State Auction Clearance Rates - April 2019

Auctions Clearance rate
VIC 941 52%
ACT 78 51%
NSW 929 56%
NT 5 25%
QLD 136 39%
SA 150 51%
TAS 7 80%
WA 35 26%

Local Schools


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Suburb Information

Sunshine North, VIC 3020

Part of: Brimbank Council No data available

The size of Sunshine North is approximately 7.9 square kilometres. It has 7 parks covering nearly 13.8% of total area. The population of Sunshine North in 2011 was 10,636 people. By 2016 the population was 11,702 showing a population growth of 10.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a labourer occupation. In 2011, 70.9% of the homes in Sunshine North were owner-occupied compared with 67.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Sunshine North

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Sunshine North   for Houses in last 12 months


There have been 101 Houses sold in Sunshine North in the past 12 months with a median sale price of $651K, up -0.69% annually. It takes on average 71 days to sell with vendor discounting of -7.18%.

Streets in Sunshine North


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Sunshine VIC, 3020 -3.67% $735,000 $360pw 2.5% View Suburb Profile
Sunshine West VIC, 3020 -3.12% $620,000 $360pw 3.0% View Suburb Profile
West Footscray VIC, 3012 -2.33% $858,500 $450pw 2.7% View Suburb Profile
Pascoe Vale VIC, 3044 -3.49% $830,000 $450pw 2.8% View Suburb Profile
Deer Park VIC, 3023 4.55% $575,000 $370pw 3.4% View Suburb Profile
Albion VIC, 3020 -6.98% $666,000 $360pw 2.8% View Suburb Profile