Sunnybank is in the TOP 30% in QLD when comparing median price capital growth over the last year. Sunnybank gave property investors a good capital gain figure when compared to the rest of the state, with 6.62%.
Sunnybank,4109 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Sunnybank should be aiming for at least -10.45% off the asking price, which is the average vendor discount being achieved at the moment.
Over the last year, property investments in Sunnybank, 4109 have given investors a capital gain of -6.96%. This compares very badly with the 0.77% for QLD as a whole.
The five-year average increase in median property values for Sunnybank,4109 has given property investors a potential capital gain of 7.00% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Sunnybank is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 315th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 5.30%, investors should hope to achieve an overall return of 5.22%