Suburb Profile Report for Sunnybank Hills QLD (4109)

Sunnybank Hills House: Median price $781,500, Annual capital growth 31.91%, Number of sales 318, Weekly median advertised rent $0

Sunnybank Hills Unit: Median price $380,000, Annual capital growth 8.20%, Number of sales 65, Weekly median advertised rent $1,800

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Sunnybank Hills is in the bottom 10% in QLD when comparing median price capital growth over the last year. Sunnybank Hills gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.00%.

If we look at median property appreciation over just the last three months, Sunnybank Hills has given property investors a paper return of 3.13%. This puts Suburb as 1033 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sunnybank Hills, 4109. Typically our figures indicate that 0.00% is being offered, which puts this QLD suburb at 2335th most discounted overall in Australia.

Often selling an investment property can take time, and in Sunnybank Hills the average time real estate has been on the market is 0 days.

Advertised rents are around the $0 mark per week – giving a return of 0.00% based on the median price in Suburb

At number 990th in the list of Australian suburbs ordered by increase in median house value over the last year, Sunnybank Hills, 4109 is in the top half with a property value increase of 14.25% recorded in median house prices.

Across a shorter period, Sunnybank Hills, 4109 has seen a median price increase of 3.13% over the last quarter.

Property investors looking for a bargain in Sunnybank Hills should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Sunnybank Hills being $380000 and the advertised rent reaching $1800 the gross rental yield for property investors calculates out to be 1.91%

Metrics i HOUSE UNIT
$781,500 $380,000
3.13% 3.13%
0.00% 14.25%
31.91% 8.20%
$0 $1,800
318 65
0.00% 1.91%
0 79.3174603174603

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 16830
Median household income ($/weekly) 1297
Median age of persons 34
Median housing loan repayment ($/monthly) 1993
Average household size 2.9
  • Census Count Percent(%)
    20-24 years 1822 10.8
    25-34 years 2744 16.3
    35-44 years 2137 12.7
    45-54 years 2137 12.7
    55-64 years 2022 12.0
    Others 5968 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 6469 49.1
    Not Married 5928 45.0
    Defacto Relationship 771 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 7859 48.6
    Croatia 1765 10.9
    Papua New Guinea 730 4.5
    United Kingdom 494 3.1
    Other 2117 13.1
    Others 3202 19.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1516 9.7
    Christianity 8877 56.7
    Hinduism 409 2.6
    Islam 451 2.9
    No Religion 4083 26.1
    Others 307 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 457 9.0
    $1,000-$1,249 459 9.1
    $1,250-$1,499 489 9.7
    $1,500-$1,999 670 13.2
    $2,000-$2,499 540 10.7
    Others 2443 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4996 37.0
    Employed, worked full-time 4793 35.5
    Employed, worked part-time 2553 18.9
    Unemployed, looking for work 664 4.9
    Employed, away from work 492 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 804 10.3
    Professionals 1816 23.2
    Technicians & trades workers 1065 13.6
    Clerical & administrative workers 1213 15.5
    Sales 791 10.1
    Others 2147 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 175 4.0
    Infants/Primary 1159 26.5
    Secondary 890 20.4
    Technical or Further Educational Institution 451 10.3
    University or other Tertiary Institutions 1549 35.4
    Others 148 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14265 88.7
    Semi-detached, row or terrace house, townhouse 1671 10.4
    Caravan, cabin, houseboat 105 0.7
    Flat, unit or apartment 45 0.3
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2095 38.3
    Being purchased 1857 33.9
    Rented 1480 27.0
    Other tenure type 40 0.7
    Tenure Type
Census 2011, ABS
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