Sunset

POSTAL CODE: QLD, 4825

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $267,000.

The downward trend in home prices in SUNSET, 4825 averaged -1.77% per annum over a 3-year period.

Average weekly rents on listings have reached the $485 mark, reflecting a 9.45% increase in returns based on the current median price in SUNSET.

An average of 3.58 real estate transactions take place per month in SUNSET which translates to 43 per annum.

43 properties were sold in SUNSET in 2016, making it the 322nd most active market in QLD based on total real estate transactions.

SUNSET, 4825 places 884th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$267,000	N/A
Growth Report
Median Quarterly	-1.84%	N/A
Median 12 month	4.09%	N/A
Median 3 years	-5.32%	N/A
Median 5 years	6.8%	N/A
10 years average annual	4.38%	N/A
Weekly media advert. rent	$485	N/A
Time on Market	128.9 days	N/A
Gross Rental Yield Percent	9.45%	N/A

Demographics (Median Values)*

Total Population 2391

Weekly Household Income 1719

Household Size 2.90

Average Age 28

Monthly Loan Repayment 1083

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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