Sunnybank has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.45% to date .
Across a shorter period, Sunnybank, 4109 has seen a median price increase of 1.53% over the last quarter.
Sellers are offering property buyers an average discount of -10.38% to buyers in Sunnybank at the moment, which is less than average for the rest of QLD.
Sunnybank, 4109’s gross rental yield is 3.16%
At number 1610th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunnybank, 4109 is in the BOTTOM 10% with a property value increase of -11.96% 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.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 4.83%, investors should hope to achieve an overall return of 5.39%