Property investors who have had real estate in Sunnybank Hills, 4109 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.49%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunnybank Hills has increased when compared to the 5 year average annual rate.
The most recent median price for Sunnybank Hills is $667000, with sellers offering an average of -5.61% off the asking price.
Advertised rents are around the $435 mark per week – giving a return of 3.39% based on the median price in Suburb
Over the last year, property investments in Sunnybank Hills, 4109 have given investors a capital gain of 9.14%. This compares very favourably with the 1.70% for QLD as a whole.
Across a shorter period, Sunnybank Hills, 4109 has seen a median price increase of 3.95% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Sunnybank Hills itself are offering an average vendor discount of -3.98% to real estate investors.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.