QLD/
Sinnamon park

Suburb Profile

Sinnamon Park - FREE 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 21.12% 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 $702,500

The augmented property values in the suburb are trailing above the territorial average of 2.26% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $480.

Home owners selling their properties and realtors in SINNAMON PARK usually have to wait an average of 51.7 days days before their assets are lifted off the market.

The QLD suburb ranks 652nd on the list of best yielding suburbs for rental properties in QLD, posting a 3.55% return.

It also places places 429th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $702,500 $431,000
GROWTH REPORT
Median Quarterly 0.36% -0.69%
Median 12 month 11.51% -0.46%
Median 3 years 21.12% -9.26%
Median 5 years 19.07% 18.08%
10 years average annual 3.86% 3.76%
Weekly media advert. rent $480 $440
Time on Market 51.7 days 68.6 days
Gross Rental Yield Percent 3.55% 5.31%
demographics (median values)
Total Population
5746
Weekly Household Income
1656
Household Size
2.90
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