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Sinnamon Park
AREA REPORTS

Sinnamon Park

Sinnamon Park - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4073

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 11.23% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $807,500

The augmented property values in the suburb are trailing above the territorial average of 7.72% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $515.

Home owners selling their properties and realtors in SINNAMON PARK usually have to wait an average of 41.0 days days before their assets are lifted off the market.

The QLD suburb ranks 681st on the list of best yielding suburbs for rental properties in QLD, posting a 3.32% return.

It also places places 756th in Australia based on median property value growth during the quarter.

Data report can be found below

Sinnamon Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $807,500 $478,100
GROWTH REPORT
Median Quarterly 0.31% 1.19%
Median 12 month 8.75% 5.66%
Median 3 years 11.23% 13.83%
Median 5 years 32.59% 10.42%
10 years average annual 2.81% 3.48%
Weekly media advert. rent $515 N/A
Time on Market 41.0 days 0.0 days
Gross Rental Yield Percent 3.32% N/A
demographics (median values)*
Total Population
5746
Weekly Household Income
1656
Household Size
2.90
Age
36
Monthly Loan Repayment
1461
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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