Sunnybank is in the TOP 10% in QLD when comparing median price capital growth over the last year. Sunnybank gave property investors a very good capital gain figure when compared to the rest of the state, with 15.95%.
Across a shorter period, Sunnybank, 4109 has seen a median price increase of 2.78% over the last quarter.
The most recent median price for Sunnybank is $832500, with sellers offering an average of -7.83% off the asking price.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 2.62%, without taking into account capital value appreciation, which has been averaging out at 6.42%.
Investment property in Sunnybank has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.86%
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.
At number 243th of QLD’s most discounted properties, Sunnybank is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Sunnybank, 4109’s gross rental yield is 4.82%