Suburb Profile Report for Sinnamon Park QLD (4073)

Sinnamon Park House: Median price $668,000, Annual capital growth 3.57%, Number of sales 96, Weekly median advertised rent $480

Sinnamon Park Unit: Median price $437,500, Annual capital growth 4.37%, Number of sales 22, Weekly median advertised rent $423

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Sinnamon Park is in the TOP 30% in QLD when comparing median price capital growth over the last year. Sinnamon Park gave property investors a good capital gain figure when compared to the rest of the state, with 6.54%.

The five-year average increase in median property values for Sinnamon Park,4073 has given property investors a potential capital gain of 14.19% across each of those five years.

Our latest figures would indicate that property sellers in Sinnamon Park are currently offering property investors an average price cut of -4.29% below the asking price at the moment.

Residents and property investors in Sinnamon Park have been waiting around 54.94 days to sell a property.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

Sinnamon Park is an average performer in QLD when comparing median price capital growth over the last year. Sinnamon Park gave property investors a average capital gain figure when compared to the rest of the state, with 1.74%.

Across a shorter period, Sinnamon Park, 4073 has seen a median price increase of 0.57% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sinnamon Park, 4073. Typically our figures indicate that -2.63% is being offered, which puts this QLD suburb at 1374th most discounted overall in Australia.

A $422.5 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 4.37%.

HOUSE UNIT
$668,000 $437,500
1.21% 0.57%
6.54% 1.74%
3.57% 4.37%
$480 $423
96 22
3.74% 5.02%
54.94 146.88

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6361
Median household income ($/weekly) 2146
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    5-14 years 896 14.1
    25-34 years 676 10.6
    35-44 years 996 15.7
    45-54 years 988 15.5
    55-64 years 668 10.5
    Others 2137 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 2741 61.3
    Not Married 1438 32.2
    Defacto Relationship 291 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3888 62.8
    Indonesia 171 2.8
    Papua New Guinea 192 3.1
    United Kingdom 427 6.9
    Other 372 6.0
    Others 1146 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 225 3.7
    Christianity 4010 66.8
    Hinduism 262 4.4
    Islam 148 2.5
    No Religion 1253 20.9
    Others 105 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 238 13.0
    $2,000-$2,499 231 12.6
    $2,500-$2,999 280 15.3
    $3,000-$3,499 231 12.6
    $4,000 or more 151 8.3
    Others 699 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2120 43.2
    Not in the labour force 1573 32.0
    Employed, worked part-time 937 19.1
    Employed, away from work 154 3.1
    Unemployed, looking for work 129 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 522 16.3
    Professionals 1053 32.8
    Technicians & trades workers 304 9.5
    Clerical & administrative workers 526 16.4
    Sales 294 9.2
    Others 512 15.9
    Occupation
    Census Count Percent(%)
    Pre-school 103 6.2
    Infants/Primary 625 37.8
    Secondary 422 25.5
    Technical or Further Educational Institution 84 5.1
    University or other Tertiary Institutions 387 23.4
    Others 34 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5465 93.4
    Semi-detached, row or terrace house, townhouse 385 6.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 950 48.0
    Fully owned 640 32.3
    Rented 380 19.2
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals