Suburb Profile Report for Sunset QLD (4825)

Sunset House: Median price $225,000, Annual capital growth -2.50%, Number of sales 17, Weekly median advertised rent $378

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Sunset, 4825 have given investors a capital gain of -15.09%. This compares very badly with the 1.66% for QLD as a whole.

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

Sunset4825 is located in QLD which offers an average discount of -6.74% to property investors. Sunset itself is showing figures that indicate -11.34% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Sunset the average time real estate has been on the market is 104.222 days.

Sunset, 4825’s gross rental yield is 8.72%

Metrics i HOUSE UNIT
$225,000 N/A
-1.75% N/A
-15.09% N/A
-2.50% N/A
$378 N/A
17 N/A
8.72% N/A
104.222222222222 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2474
Median household income ($/weekly) 2521
Median age of persons 29
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 253 10.2
    5-14 years 390 15.8
    25-34 years 476 19.3
    35-44 years 365 14.8
    45-54 years 296 12.0
    Others 692 28.0
    Age Group
    Census Count Percent(%)
    Registered Married 621 42.5
    Not Married 527 36.1
    Defacto Relationship 312 21.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1772 84.7
    Papua New Guinea 84 4.0
    Philippines 35 1.7
    United Kingdom 54 2.6
    Other 77 3.7
    Others 69 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1480 74.4
    No Religion 482 24.2
    Buddhism 13 0.7
    Other Religious Groups 11 0.6
    Hinduism 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 76 12.5
    $2,000-$2,499 66 10.9
    $2,500-$2,999 120 19.7
    $3,000-$3,499 91 15.0
    $4,000 or more 56 9.2
    Others 199 32.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 887 57.1
    Not in the labour force 329 21.2
    Employed, worked part-time 212 13.6
    Employed, away from work 86 5.5
    Unemployed, looking for work 40 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 191 16.1
    Technicians & trades workers 268 22.6
    Community & personal service workers 99 8.3
    Clerical & administrative workers 128 10.8
    Machinery operators & drivers 193 16.2
    Others 309 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 36 7.6
    Infants/Primary 228 47.9
    Secondary 127 26.7
    Technical or Further Educational Institution 48 10.1
    University or other Tertiary Institutions 33 6.9
    Others 4 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1943 94.0
    Semi-detached, row or terrace house, townhouse 120 5.8
    Flat, unit or apartment 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 287 42.6
    Being purchased 271 40.3
    Fully owned 112 16.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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