Suburb Profile Report for Sinnamon Park QLD (4073)

Sinnamon Park House: Median price $725,000, Annual capital growth 2.50%, Number of sales 63, Weekly median advertised rent $550

Sinnamon Park Unit: Median price $430,000, Annual capital growth 0.96%, Number of sales 13, Weekly median advertised rent $440

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
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Sinnamon Park, 4073 ranked 626th 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 18.85% growth in median value for property investors in Sinnamon Park,4073 puts this suburb at number 599th in terms of best performing suburbs in QLD

At number 563th of QLD’s most discounted properties, Sinnamon Park is in the TOP 20% of the state/territory when listing in order of most discounted to least.

At number 897 in a list of fastest selling suburbs, Sinnamon Park is in the TOP 30% of suburbs in Australia with an average of days on market 61.9636 for properties listed there.

Sinnamon Park, 4073 ranked 110th 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

Across a shorter period, Sinnamon Park, 4073 has seen a median price increase of 2.87% over the last quarter.

At number 43 in a list of fastest selling suburbs, Sinnamon Park is in the TOP 10% of suburbs in Australia with an average of days on market 42.0909 for properties listed there.

Sinnamon Park is 191th on a list of best yielding suburbs for rents in QLD with a 5.32% return

Information supplied by:




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Sinnamon Park, QLD – Decline fosters low prices

Postcode: 4073

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.

Metrics i HOUSE UNIT
$725,000 $430,000
-1.36% 2.87%
-3.45% 1.78%
2.50% 0.96%
$550 $440
63 13
3.94% 5.32%
61.9636363636364 42.0909090909091

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6361
Median household income ($/weekly) 2146
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    5-14 years 896 14.1
    25-34 years 676 10.6
    35-44 years 996 15.7
    45-54 years 988 15.5
    55-64 years 668 10.5
    Others 2137 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 2741 61.3
    Not Married 1438 32.2
    Defacto Relationship 291 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3888 62.8
    Indonesia 171 2.8
    Papua New Guinea 192 3.1
    United Kingdom 427 6.9
    Other 372 6.0
    Others 1146 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 225 3.7
    Christianity 4010 66.8
    Hinduism 262 4.4
    Islam 148 2.5
    No Religion 1253 20.9
    Others 105 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 238 13.0
    $2,000-$2,499 231 12.6
    $2,500-$2,999 280 15.3
    $3,000-$3,499 231 12.6
    $4,000 or more 151 8.3
    Others 699 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2120 43.2
    Not in the labour force 1573 32.0
    Employed, worked part-time 937 19.1
    Employed, away from work 154 3.1
    Unemployed, looking for work 129 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 522 16.3
    Professionals 1053 32.8
    Technicians & trades workers 304 9.5
    Clerical & administrative workers 526 16.4
    Sales 294 9.2
    Others 512 15.9
    Occupation
    Census Count Percent(%)
    Pre-school 103 6.2
    Infants/Primary 625 37.8
    Secondary 422 25.5
    Technical or Further Educational Institution 84 5.1
    University or other Tertiary Institutions 387 23.4
    Others 34 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5465 93.4
    Semi-detached, row or terrace house, townhouse 385 6.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 950 48.0
    Fully owned 640 32.3
    Rented 380 19.2
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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