Suburb Profile Report for Sinnamon Park QLD (4073)

Sinnamon Park House: Median price $656,500, Annual capital growth 4.59%, Number of sales 92, Weekly median advertised rent $500

Sinnamon Park Unit: Median price $440,000, Annual capital growth 4.52%, Number of sales 25, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$656,500 $440,000
4.21% 1.85%
4.21% -4.35%
4.59% 4.52%
$500 $420
92 25
3.96% 4.96%
51.65 146.13

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Sinnamon Park QLD
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
Chart Table
Recent sales & rentals