Did you know that Sunshine has been consistently rated as one of Melbourne's most sought-after neighbourhoods for its blend of urban amenities and community charm?
Location and Accessibility Situated within close reach of the Melbourne CBD, Sunshine boasts excellent connectivity. With multiple train stations servicing the area, including Sunshine Railway Station, commuting to the city centre and beyond is convenient and hassle-free. Major arterial roads like the Western Ring Road further enhance accessibility, making Sunshine an ideal hub for those seeking connectivity and convenience. Cultural Diversity and Community Spirit Sunshine's charm lies in its rich cultural diversity and strong community spirit. With a diverse multicultural population, the suburb hosts a variety of cultural festivals, culinary delights, and community events. From authentic international eateries to vibrant local festivals celebrating music and art, Sunshine fosters a unique and inclusive atmosphere where everyone feels connected and welcomed. Amenities and Lifestyle Sunshine offers an array of amenities catering to residents' diverse needs and interests. Shopping centres like Sunshine Plaza and Sunshine Marketplace provide everything from groceries to fashion. Plus, the suburb boasts numerous parks and recreational facilities, offering ample opportunities for outdoor activities and relaxation. Local Date Ideas and Family-Friendly Restaurants For couples seeking a romantic evening, Sunshine offers plenty of local date ideas. Start with a leisurely stroll through Braybrook Park before enjoying a cosy dinner at Mr. Brooks. With its chic ambiance and modern Australian cuisine, Mr. Brooks promises a dining experience like no other. Alternatively, indulge in the flavours of Italy at Mambo, where authentic Italian dishes transport diners to the streets of Rome and Milan. For families, Sunshine boasts several family-friendly restaurants. Treat the kids to a delicious meal at Sunshine Social, a lively eatery serving Australian favourites in a relaxed setting. Real Estate Opportunities Sunshine presents a range of real estate options, from charming family homes to modern apartments and commercial properties. With steady growth and development, property values have seen consistent appreciation, making Sunshine an attractive choice for both homebuyers and investors. Sunshine: A Growing Area with Potential As a growing area with plenty of potential, Sunshine continues to attract interest from all fronts. With ongoing infrastructure projects and urban renewal initiatives, the suburb is poised for further growth and transformation. From new residential developments to improved transport links, Sunshine offers a promising future for those looking to invest in Melbourne's west. Ready to explore Sunshine's endless possibilities? Contact Create Real Estate today to learn more about available properties and market insights tailored to your unique needs. Let us help you embark on your real estate journey with confidence and peace of mind.Looking for a new place to call home? This week, we have a fantastic selection of properties available for rent and sale across some of Melbourne's most exciting neighborhoods! Ready to Rent?
While a recent ban on dark While a recent ban on dark roofs in New South Wales was unfortunately scrapped, Melbourne homeowners can still reap the benefits of switching to a light-colored roof. Here’s why: Beat the Heat, Save Money:
According to a recent BIS Oxford Economics forecast, Australian home loan interest rates are predicted to fall by a significant 1.75 percentage points over the next 18 months. This is fantastic news for Victorian homeowners who are looking to save money on their monthly mortgage payments. By the end of 2026, this decrease in interest rates is estimated to save homeowners a whopping $700 per month! That's right - owning a home in Victoria is about to become much more affordable. And the good news doesn't stop there. The economic forecast also predicts a rise in housing construction activity, which means more houses will be available for purchase in the near future. This is great news for aspiring homebuyers who have been struggling to find an affordable property in Victoria's competitive housing market.
Latest properties update from 2nd week of march! This week, we're thrilled to showcase an array of fantastic properties recently listed for rent and sale. Whether you're searching for your dream rental or considering making a move into homeownership, we have options to suit every lifestyle and budget. Let's dive into the details:
Welcome back to Create Real Estate's weekly blog update! We're excited to bring you the latest news and highlights from the bustling world of real estate. This week has been particularly eventful, with successful sales, new listings, and exciting rentals taking center stage. Let's jump right into the action!
The Melbourne property market continues to be a dynamic landscape. At Create Real Estate, we understand that navigating this market can be challenging, especially when deciding between selling your property or entering the rental market. This blog post will provide insights into the current Melbourne market trends, along with how our expert team can help you make an informed decision.
Ever dreamt of owning your own home? The journey towards homeownership can be exciting, but navigating the complexities of grants and financial assistance can seem daunting. Here at Create Real Estate, we're committed to empowering aspiring homeowners with the knowledge and resources needed to make informed decisions. Today, we'll delve into the intricacies of the First Home Owner Grant (FHOG) in Australia, outlining eligibility criteria, grant amounts, and valuable insights to help you unlock your dream home.
At Create Real Estate, we understand the importance of creating sustainable living spaces that are not only comfortable and stylish but also kind to the environment. That's why we're proud to offer new developments boasting impressive NatHERS ratings. What is NatHERS? The Nationwide House Energy Rating Scheme (NatHERS) assesses the energy efficiency of homes in Australia. Rated on a scale of 0 to 10 stars, with 10 being the most efficient, NatHERS ratings offer valuable insights into a property's potential energy consumption and environmental impact. Why Choose a High NatHERS Rated Apartment? There are numerous advantages to choosing a home with a high NatHERS rating:
The Australian housing market continues to be a topic of much discussion, with recent news highlighting rising prices, diverse turnover rates, and strong regional performance. Prices on the Rise Again: CoreLogic's national home value index rose 0.6% in February, marking the strongest monthly gain since October 2023. This increase comes despite ongoing pressures like rising interest rates and cost of living. Notably, all capital cities except Hobart recorded an increase in value, with Perth leading the pack at 1.8%. Experts attribute this trend to the persistent imbalance between housing supply and demand, which varies across different cities and regions. Adelaide, Brisbane and regional areas in South Australia, Western Australia and Queensland continue to see strong capital growth, driven by lower housing prices and positive demographics. Meanwhile, Sydney and Melbourne's growth has plateaued, but Melbourne showed a slight increase in February. Turnover Rates: A Look at Market Liquidity: While national house prices climb, understanding local market dynamics is crucial. Domain's recent report sheds light on property turnover rates, which indicate how quickly properties are bought and sold in an area. High turnover rates suggest a market with good liquidity, where people are actively buying and selling. Conversely, low turnover rates indicate areas where residents tend to hold onto their properties for longer. Understanding these variations can be valuable for buyers and sellers navigating specific markets. Regional Markets See Significant Growth: While capital cities often dominate housing market headlines, regional areas are also experiencing significant growth. According to [invalid URL removed].au, dwelling prices nationally have risen by 6.2% over the past year, driven by both capital cities and regional areas. Queensland, South Australia, and Western Australia, particularly Perth and Adelaide, have witnessed the strongest growth in house prices. Unit prices have also seen notable increases in specific regions, with Logan-Beaudesert, Brisbane, and Adelaide leading the way. This trend is attributed to the affordability offered by smaller states, which is likely to continue fueling price growth in these regions.
State |
GCCSA |
SA3 |
Turnover |
NT |
Rest of NT |
East Arnhem |
0.0% |
NSW |
Rest of NSW |
Lower Murray |
0.4% |
ACT |
Australian Capital Territory |
Canberra East |
0.5% |
NT |
Rest of NT |
Daly - Tiwi - West Arnhem |
1.2% |
NT |
Rest of NT |
Katherine |
1.3% |
NSW |
Greater Sydney |
Dural - Wisemans Ferry |
1.6% |
NSW |
Greater Sydney |
Hawkesbury |
1.6% |
NT |
Rest of NT |
Barkly |
1.7% |
QLD |
Rest of Qld |
Far North |
1.9% |
NSW |
Rest of NSW |
Tumut - Tumbarumba |
2.0% |
TAS |
Rest of Tas. |
South East Coast |
2.2% |
NSW |
Rest of NSW |
Inverell - Tenterfield |
2.3% |
TAS |
Rest of Tas. |
Central Highlands (Tas.) |
2.3% |
NSW |
Rest of NSW |
Griffith - Murrumbidgee (West) |
2.4% |
NSW |
Rest of NSW |
Young - Yass |
2.4% |
State | GCCSA | SA3 | Turnover |
QLD | Greater Brisbane | Springfield - Redbank | 10.90% |
QLD | Rest of Qld | Surfers Paradise | 10.50% |
QLD | Rest of Qld | Port Douglas - Daintree | 9.70% |
QLD | Rest of Qld | Gladstone | 9.70% |
WA | Greater Perth | Rockingham | 9.20% |
WA | Greater Perth | Kwinana | 8.70% |
WA | Greater Perth | Mandurah | 8.70% |
QLD | Rest of Qld | Cairns - North | 8.70% |
WA | Rest of WA | Goldfields | 8.70% |
QLD | Rest of Qld | Townsville | 8.60% |
QLD | Rest of Qld | Gold Coast - North | 8.30% |
QLD | Rest of Qld | Rockhampton | 8.30% |
WA | Greater Perth | Perth City | 8.20% |
NT | Greater Darwin | Darwin City | 8.20% |
SA | Greater Adelaide | Playford | 8.20% |
NT | Rest of NT | East Arnhem | 0.00% |
NSW | Rest of NSW | Lower Murray | 0.40% |
ACT | Australian Capital Territory | Canberra East | 0.50% |
NT | Rest of NT | Daly - Tiwi - West Arnhem | 1.20% |
NT | Rest of NT | Katherine | 1.30% |
NSW | Greater Sydney | Dural - Wisemans Ferry | 1.60% |
NSW | Greater Sydney | Hawkesbury | 1.60% |
NT | Rest of NT | Barkly | 1.70% |
QLD | Rest of Qld | Far North | 1.90% |
NSW | Rest of NSW | Tumut - Tumbarumba | 2.00% |
TAS | Rest of Tas. | South East Coast | 2.20% |
NSW | Rest of NSW | Inverell - Tenterfield | 2.30% |
TAS | Rest of Tas. | Central Highlands (Tas.) | 2.30% |
NSW | Rest of NSW | Griffith - Murrumbidgee (West) | 2.40% |
NSW | Rest of NSW | Young - Yass | 2.40% |
Property Type | Price ($) | Weekly Change | Monthly Change (%) | Annual Change (%) |
All Houses | $1,897,326 | $11,574 | -1.8% | 10.8% |
All Units | $792,901 | $1,499 | -0.4% | 6.0% |
Combined | $1,452,917 | $7,186 | -1.5% | 9.3% |
Property Type | Price ($) | Weekly Change | Monthly Change (%) | Annual Change (%) |
All Houses | $1,245,400 | $9,649 | 1.1% | 6.7% |
All Units | $604,028 | $1,372 | 1.2% | 1.3% |
Combined | $1,045,424 | $6,877 | 1.1% | 5.5% |
Property Type | Price ($) | Weekly Change | Monthly Change (%) | Annual Change (%) |
All Houses | $1,058,399 | $2,809 | 2.2% | 11.5% |
All Units | $579,656 | $1,344 | 0.7% | 15.4% |
Combined | $933,301 | $2,355 | 2.0% | 11.9% |
Property Type | Price ($) | Weekly Change | Monthly Change (%) | Annual Change (%) |
All Houses | $956,215 | $3,946 | 2.9% | 16.2% |
All Units | $490,508 | $9,147 | 1.9% | 14.7% |
Combined | $835,291 | $5,222 | 2.8% | 15.8% |
Property Type | Rent ($) | Weekly Change | Monthly Change (%) | 12 Months Change (%) |
All Houses | $1,049.32 | $0.68 | 0.3% | 12.2% |
All Units | $701.17 | $1.83 | 1.2% | 10.5% |
Combined | $842.63 | $1.40 | 0.8% | 11.4% |
Property Type | Rent ($) | Weekly Change | Monthly Change (%) | 12 Months Change (%) |
All Houses | $740.29 | $3.71 | 0.4% | 15.7% |
All Units | $550.89 | $3.11 | 2.9% | 10.8% |
Combined | $628.94 | $3.40 | 1.7% | 13.2% |
Property Type | Rent ($) | Weekly Change | Monthly Change (%) | 12 Months Change (%) |
All Houses | $716.97 | -$3.97 | 0.3% | 7.4% |
All Units | $550.89 | $3.11 | 2.9% | 10.8% |
Combined | $628.94 | $3.40 | 1.7% | 13.2% |
Property Type | Rent ($) | Weekly Change | Monthly Change (%) | 12 Months Change (%) |
All Houses | $779.21 | -$4.21 | -0.2% | 16.8% |
All Units | $574.69 | $0.31 | 1.0% | 16.4% |
Combined | $693.73 | -$2.30 | 0.2% | 16.7% |