Property value increases in Sinnamon Park have tracked close to the QLD average of 1.66% over the last 12 months.
If we look at median property appreciation over just the last three months, Sinnamon Park has given property investors a paper return of -0.34%. This puts Suburb as 608 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Sinnamon Park should be aiming for at least -4.05% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 85 properties changed hands in Sinnamon Park, which puts it as the 273th most active market in QLD when comparing the number of sales per suburb.
Sinnamon Park, 4073 ranked 48th 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
A -0.11% growth in median value for property investors in Sinnamon Park,4073 puts this suburb at number 100th in terms of best performing suburbs in QLD
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Sinnamon Park is 249th on a list of best yielding suburbs for rents in QLD with a 5.06% return
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Sinnamon Park, QLD – Decline fosters low prices
Median unit price: $418,000
Three-year growth: -3.5%
Rental yield: 5.5%
Less than half an hour from the Brisbane CBD, Sinnamon Park has everything a resident could want in a suburb – proximity to the city, great green open spaces and parks.
Sinnamon Park is bounded to the north by the Brisbane River, and has a peaceful atmosphere with walking and cycling tracks as well as playgrounds for the kids. The Darra train station is nearby, and there are shopping centres in the vicinity. Schools are a stone’s throw away in Fig Tree Pocket, while neighbouring suburb Seventeen Mile Rocks is home to one of Brisbane’s biggest riverside parks.
Unit values dipped in the five years to June 2019, with the median falling to under $450,000.