Market snapshot

Suburb insights for Sunshine3020

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Sunshine, approximately 12 km west of Melbourne's CBD, is Brimbank’s commercial and civic heart. Known for its cultural diversity and growing urban renewal, Sunshine is undergoing rapid transformation with new housing, office developments, and infrastructure upgrades. Sunshine Marketplace, Victoria University, and the Sunshine Hospital precinct contribute to its status as a major centre. Excellent transport links and future rail investments continue to boost its appeal for investors and homebuyers alike.

Sales data

Median sale price
$870k
Quarterly price change
-0.4%
Metro Melbourne Comparison
$974k
1.8%
BedroomsSunshineMetro comparison
2$739,000$940,000
3$840,000$851,000
4$923,500$970,000
InsightSunshineMetro comparison
Clearance rate75%77.8%
Days on market5836

Rental data

Median weekly rent
$505
Rental yield
3.1%
Metro Melbourne Comparison
$580
3.2%
BedroomsSunshineMetro comparison
2$450$585
3$520$550
4$580$600
Median data for the current quarter

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