If you compare the increase in value of investment property in Sunnybank Hills, 4109 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.46%.
Over the longer term, Sunnybank Hills has seen property prices show investors a -1.72% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Sunnybank Hills itself are offering an average vendor discount of -4.84% to real estate investors.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.60%, without taking into account capital value appreciation, which has been averaging out at 4.21%.
QLD has seen average median house prices change by -0.13% which means that Sunnybank Hills, 4109 has done well for property investors by showing a capital gain of -17.69% over the last year
The five-year average increase in median property values for Sunnybank Hills,4109 has given property investors a potential capital gain of -0.93% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Sunnybank Hills is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 128th in terms of most discounted suburbs in QLD