If you compare the increase in value of investment property in Sinnamon Park, 4073 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.21%.
Taking the average capital gain, or increase in median house value, Sinnamon Park,4073 has racked up an average of 4.21% over the period. This ranks it number 1669th in the whole country for real estate investors looking at median house price increases.
At number 765th of QLD’s most discounted properties, Sinnamon Park is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $5994 per annum or $499.5 every week.
Sinnamon Park is in the bottom 30% in QLD when comparing median price capital growth over the last year. Sinnamon Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.35%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sinnamon Park has increased when compared to the 5 year average annual rate.
Sinnamon Park4073 is located in QLD which offers an average discount of -5.79% to property investors. Sinnamon Park itself is showing figures that indicate -2.54% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
With the median price for a house in Sinnamon Park being $440000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.96%