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Sinnamon Park

POSTAL CODE: QLD, 4073
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 30.88% 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 $1,420,000

The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $780.

Home owners selling their properties and realtors in SINNAMON PARK usually have to wait an average of 32.1 days days before their assets are lifted off the market.

The QLD suburb ranks 632nd on the list of best yielding suburbs for rental properties in QLD, posting a 2.86% return.

It also places places 294th in Australia based on median property value growth during the quarter.

Surburb overview

Sinnamon Park, QLD 4073, is a family-friendly suburb located approximately 12 kilometres southwest of Brisbane's central business district. The suburb has around 6,590 people and is known for its leafy environment and spacious properties. The predominant age group in Sinnamon Park is between 40 and 49, and the area is popular with families, professionals, and retirees.

Sinnamon Park typically consists of large detached houses, with the median house price at around $1,200,000. The rental market is also robust, with a median rent of $775 per week for houses and $605 for units. Rental yields are approximately 3.40% for houses and 4.61% for units, making it a desirable area for investors.

The suburb offers excellent amenities, including local shopping centres, restaurants, and recreational areas like Rocks Riverside Park. While Sinnamon Park has plenty of bus services connecting it to Brisbane CBD and surrounding areas, it needs a train station, with the nearest being Darra or Oxley.

Sinnamon Park's location and amenities make it attractive for those seeking a quiet, suburban lifestyle with easy access to the city and plenty of green spaces.

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