Suburb Profile Report for Sinnamon Park QLD (4073)

Sinnamon Park House: Median price $687,000, Annual capital growth 3.37%, Number of sales 71, Weekly median advertised rent $540

Sinnamon Park Unit: Median price $422,325, Annual capital growth 3.55%, Number of sales 25, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

Sinnamon Park has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.03% to date .

While Sinnamon Park,4073 ranked number 795th in QLD for increase in median house value (annualised) increase, it is ranked 354th over the last 5 years.

Vendor discounting in Sinnamon Park is giving property investors an average Vendor Discount of around -4.87%. This puts suburb at number 619th in QLD when ranking the most discounted suburbs.

On average over the past year, suburb has had 5.92 sales per month, which equates to 71 per year.

The QLD suburb of Sinnamon Park, 4073 is in the Brisbane local government area.

Over the last year, property investments in Sinnamon Park, 4073 have given investors a capital gain of -2.91%. This compares badly with the 0.30% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sinnamon Park has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Sinnamon Park is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 210th in terms of most discounted suburbs in QLD

In the last year 25 properties changed hands in Sinnamon Park, which puts it as the 272th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$687,000 $422,325
-4.58% -0.63%
1.03% -2.91%
3.37% 3.55%
$540 $440
71 25
4.09% 5.42%
79.66 79.76

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals