Suburb Profile Report for Sunnybank QLD (4109)

Sunnybank House: Median price $710,000, Annual capital growth 4.06%, Number of sales 80, Weekly median advertised rent $450

Sunnybank Unit: Median price $435,750, Annual capital growth 1.93%, Number of sales 10, Weekly median advertised rent $430

  • 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.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 0.78% which means that Sunnybank, 4109 has done well for property investors by showing a capital gain of -18.53% over the last year

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

Vendor discounting in Sunnybank is giving property investors an average Vendor Discount of around -9.03%. This puts suburb at number 101th in QLD when ranking the most discounted suburbs.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.30%, without taking into account capital value appreciation, which has been averaging out at 4.06%.

Property investors who have had real estate in Sunnybank, 4109 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.20%

A 4.81% growth in median value for property investors in Sunnybank,4109 puts this suburb at number 259th in terms of best performing suburbs in QLD

Metrics i HOUSE UNIT
$710,000 $435,750
-5.33% -3.49%
-18.53% 7.20%
4.06% 1.93%
$450 $430
80 10
3.30% 5.13%
77.35 80.9

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 : Below average (H), Balanced (U)
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Demographics
Total population 8090
Median household income ($/weekly) 1088
Median age of persons 34
Median housing loan repayment ($/monthly) 1850
Average household size 2.8
  • Census Count Percent(%)
    20-24 years 1109 13.7
    25-34 years 1374 17.0
    35-44 years 895 11.1
    45-54 years 932 11.5
    55-64 years 955 11.8
    Others 2826 34.9
    Age Group
    Census Count Percent(%)
    Not Married 3319 50.5
    Registered Married 2939 44.7
    Defacto Relationship 310 4.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3568 46.5
    Croatia 1219 15.9
    Indonesia 280 3.6
    Papua New Guinea 227 3.0
    Other 1018 13.3
    Others 1366 17.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 807 11.0
    Christianity 3838 52.1
    Hinduism 144 2.0
    Other Religious Groups 167 2.3
    No Religion 2264 30.7
    Others 144 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 252 10.2
    $600-$799 265 10.8
    $1,000-$1,249 222 9.0
    $1,500-$1,999 257 10.4
    $2,000-$2,499 236 9.6
    Others 1230 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2787 41.9
    Employed, worked full-time 1977 29.8
    Employed, worked part-time 1307 19.7
    Unemployed, looking for work 374 5.6
    Employed, away from work 200 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 827 23.8
    Technicians & trades workers 480 13.8
    Community & personal service workers 363 10.4
    Clerical & administrative workers 462 13.3
    Labourers 351 10.1
    Others 998 28.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 448 19.1
    Secondary 470 20.1
    Technical or Further Educational Institution 223 9.5
    University or other Tertiary Institutions 1038 44.3
    Other type of educational institution 106 4.5
    Others 56 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6826 87.9
    Semi-detached, row or terrace house, townhouse 762 9.8
    Flat, unit or apartment 178 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1114 41.6
    Rented 870 32.5
    Being purchased 660 24.6
    Other tenure type 37 1.4
    Tenure Type
Census 2011, ABS
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