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Sunset
AREA REPORTS

Sunset

Sunset - SUBURB PROFILE REPORT
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 $247,500.

The upward trend in home prices in SUNSET, 4825 averaged 8.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $440 mark, reflecting a 9.24% increase in returns based on the current median price in SUNSET.

An average of 3.17 real estate transactions take place per month in SUNSET which translates to 38 per annum.

38 properties were sold in SUNSET in 2016, making it the 339th most active market in QLD based on total real estate transactions.

SUNSET, 4825 places 395th in Australia based on median property value growth during the quarter.

Data report can be found below

Sunset
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $247,500 N/A
GROWTH REPORT
Median Quarterly 1.85% N/A
Median 12 month 9.88% N/A
Median 3 years 25.32% N/A
Median 5 years -21.43% N/A
10 years average annual -2.09% N/A
Weekly media advert. rent $440 N/A
Time on Market 95.2 days N/A
Gross Rental Yield Percent 9.24% N/A
demographics (median values)*
Total Population
2391
Weekly Household Income
1719
Household Size
2.90
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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