Sunshine — Units

NEUTRAL
VIC 3020 Unit Rank #38 of 206 in Melbourne
$520K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
58 buyers/listing
Strong
LIQUIDITY
43d DOM
Weak
AFFORDABILITY
-1.0% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.8%
Strong
SUPPLY PRESSURE
1.1% vacancy
Strong
#38/206 Average Structure 53 $520K

Atlaso rates Sunshine units as HOLD. Average growth outlook. Vacancy remains tight at 1.05%, but prices declined 13.8% over the past year. Better units options may be available in Melbourne.

At $520K, Sunshine ranks #38 of 206 units in Melbourne. The long-term structural outlook is Average. Short-term momentum is accelerating.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Sunshine Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Sellers Market tightening. Act sooner rather than later.
+0.7%
Asking Prices (3mo)
+2.4%
Rents (12mo)
1.0%
Vacancy
35%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$592K

Unit Weekly Rents (12 months)

$501/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3020.

Suburb Profile

Sunshine at a Glance

SEIFA Index
2/10
Below average
Household Income
$1,428/wk
Median household
Median Age
37
Years
Mortgage Stress
28%
of income
Population Growth
+1.8%
vs state +2.2%
Ownership Mix
30.7% owned 29.3% mortgage 35.1% renting

Demographic Trends

Sunshine Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Sunshine Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Sunshine a good suburb to invest in?
Atlaso rates Sunshine as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Sunshine and 46 Australian cities to generate this rating.
What is the median house price in Sunshine?
The current median house price in Sunshine, vic is $520K, with annual growth of +10.9%. Properties sell in approximately 43 days.
How fast do properties sell in Sunshine?
Properties in Sunshine sell in 43 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Sunshine?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Sunshine's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Sunshine?
The gross rental yield for houses in Sunshine is 4.8%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).