Question 1

Is Sunshine a good place to buy your first home?

Accepted Answer

Sunshine is a great option for first home buyers who commuters and inner-west lifestyle seekers. With a median price of $720,000 and +4.5% growth over the past year, it offers urban, multicultural, rapidly evolving.

Question 2

What grants are available for first home buyers in Sunshine?

Accepted Answer

First home buyers in Sunshine may be eligible for the $10,000 First Home Owner Grant (for new homes up to $750,000), stamp duty concessions (up to $31,070 saved), and the First Home Guarantee scheme (buy with just 5% deposit).

Question 3

How much deposit do I need to buy in Sunshine?

Accepted Answer

With the First Home Guarantee, you could buy in Sunshine with just 5% deposit (around 36000 based on the median price). Without government schemes, most lenders require 10-20% deposit.

Question 4

What type of properties do first home buyers typically buy in Sunshine?

Accepted Answer

In Sunshine, first home buyers typically look for 3-4 bedroom houses, townhouses, and land packages in new estates. The suburb is known for urban, multicultural, rapidly evolving.

Question 5

How long does it take to commute from Sunshine to Melbourne CBD?

Accepted Answer

Sunshine offers Sunshine Station (20 min to CBD) and Major bus hub. Commute times to the CBD vary based on your mode of transport and exact location within the suburb.

First Home Buyers in Sunshine — What You Need to Know

Affordability Snapshot

Grants Available for Sunshine

First Home Owner Grant

Stamp Duty Concession

First Home Guarantee

Local Insights

Schools

Transport

Highlights

Location

Frequently Asked Questions

See what you can afford in Sunshine

Ready to Buy in Sunshine?