Suburb Profile Report for Sinnamon Park QLD (4073)

Sinnamon Park House: Median price $720,000, Annual capital growth 4.57%, Number of sales 85, Weekly median advertised rent $485

Sinnamon Park Unit: Median price $440,000, Annual capital growth 4.41%, Number of sales 15, Weekly median advertised rent $443

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.41% which means that Sinnamon Park, 4073 has done well for property investors by showing a capital gain of 14.29% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Sinnamon Park comes in at number 110th in QLD.

At number 603th of QLD’s most discounted properties, Sinnamon Park is in the TOP 30% of the state/territory when listing in order of most discounted to least.

A $485 per week rent on the median house gives suburb investors a gross yield of circa 3.50%, without taking into account capital value appreciation, which has been averaging out at 4.57%.

Sinnamon Park, 4073 ranked 158th in QLD when comparing growth in median property values or capital gain over the last 12 months. Sinnamon Park is one of 2415 in our list for QLD

Across a shorter period, Sinnamon Park, 4073 has seen a median price increase of 1.38% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Sinnamon Park is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 302th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Sinnamon Park the average time real estate has been on the market is 98.83 days.

Sinnamon Park is 197th on a list of best yielding suburbs for rents in QLD with a 5.23% return

Metrics i HOUSE UNIT
$720,000 $440,000
5.03% 1.38%
14.29% 1.85%
4.57% 4.41%
$485 $443
85 15
3.50% 5.23%
51.5 98.83

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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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