With a capital gain of 6.60% for the last 12 months, Sunnybank, 4109 has performed for property investments than its average annual 6.86% property growth over the last 5 years.
Sunnybank,4109 was ranked 3008 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Sunnybank is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 118th in terms of most discounted suburbs in QLD
Residents and property investors in Sunnybank have been waiting around 56.72 days to sell a property.
Sunnybank is 731th on a list of best yielding suburbs for rents in QLD with a 3.09% return
At number 532th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunnybank, 4109 is in the top 40% with a property value increase of 8.36% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sunnybank has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -1.03% to buyers in Sunnybank at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.