Sunshine is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 475, the suburb has a mature demographic with a median age of 50. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sunshine is $750,000, having dropped significantly 44.4% over the past year. Units have a median price of $850,000. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Sunshine offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -44.4% year-on-year.
Sunshine is a quiet locality in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 475, the suburb has a mature demographic with a median age of 50. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sunshine is $750,000, having dropped significantly 44.4% over the past year. Units have a median price of $850,000. The current median weekly rent is $650. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,733.
Public transport access includes 2 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Sunshine offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved -44.4% year-on-year.