At the 2021 Census, 29% of homes in Sunshine were owned with a mortgage (Victoria: 36%), 27% were owned outright and 40% were rented. The median mortgage repayment was $1,842 a month and the median rent was $340 a week. With more renters than the VIC average, plenty of locals are working towards buying their first home.

Home ownership figures: ABS 2021 Census, Sunshine Suburb and Locality, used under CC BY 4.0. Mortgage broker figures from BrokerScore, updated October 2026.

Property prices in Sunshine

Median house price$900,000▲ 20% over 12 months19 sales

Median unit price$490,000▼ 10.4% over 12 months21 sales

5% Deposit Scheme cap$950,000First home buyers

Jan-Mar 2026 quarter. Source: Victorian Property Sales Report, Valuer-General Victoria, CC BY 4.0. Medians move around in suburbs with few sales, so treat them as a guide.

Buying your first home in Sunshine

Sunshine is in the $950,000 price cap area for the Australian Government 5% Deposit Scheme (Melbourne and Geelong). Eligible first home buyers can buy up to that price with a 5% deposit and no lenders mortgage insurance.

Victoria grants and concessions

A First Home Owner Grant for eligible new homes.
A full duty exemption or a duty concession for eligible first home buyers, depending on the property’s value.
Check the State Revenue Office for current amounts and thresholds.

General information only, checked 9 October 2026. Sources: 5% Deposit Scheme price caps, Victoria. Eligibility rules apply, so confirm with a mortgage broker.

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Mortgage broker Sunshine FAQs

How many mortgage brokers are there in Sunshine?

There are 5 mortgage brokers on BrokerScore based in Sunshine or serving the area, plus 23 more within 5 km.

Who are the top rated mortgage brokers in Sunshine?

By BrokerScore, the top rated mortgage brokers in or near Sunshine are MCT Financial Solutions (6.7), Loan Market Sunshine - Kevin Nguyen (6.6) and Aussie Sunshine (6.6). BrokerScore is a rating out of 10 that reflects reviews and how well a mortgage broker looks after the people who contact them. Mortgage brokers can’t pay to change it.

How much does a mortgage broker cost in Sunshine?

Most mortgage brokers in Sunshine don’t charge you for a standard home loan. They’re usually paid a commission by the lender once your loan settles. Some charge a fee for complex loans, so ask upfront. Every mortgage broker must give you a credit guide that explains how they’re paid and any fees.

What’s the average mortgage repayment in Sunshine?

At the 2021 Census, the median mortgage repayment in Sunshine was $1,842 a month, and 29% of homes were owned with a mortgage. Interest rates and prices have changed since then, so a local mortgage broker can work out what repayments would look like for you today.

How much does a house cost in Sunshine?

In the Jan-Mar 2026 quarter figures from the Victorian Property Sales Report, Valuer-General Victoria, the median house price in Sunshine was $900,000 (up 20% on a year earlier) and the median unit price was $490,000.

What is the 5% Deposit Scheme price cap in Sunshine?

Sunshine falls under the $950,000 price cap that applies in Melbourne and Geelong. Under the Australian Government 5% Deposit Scheme, eligible first home buyers can buy up to this price with a 5% deposit and no lenders mortgage insurance. Some suburbs span more than one postcode, so confirm with a participating lender or mortgage broker.

Should I use a mortgage broker or go straight to my bank?

A bank can only offer its own home loans. A mortgage broker compares loans from the lenders on their panel. They must act in your best interests, and they handle the paperwork through to settlement.

How do I choose a mortgage broker in Sunshine?

Compare BrokerScores and read recent reviews, check they help with your situation (for example first home buyers, refinancing or self-employed borrowers) and see which lenders they work with. Ask how they’re paid and how many lenders they’ll compare for you. You can message any mortgage broker on this page for free.

Mortgage brokers in suburbs near Sunshine

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