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