Sunnybank QLD Property Investment

THE MARKET

Sunnybank recorded 12.1% annual price growth over the past 5 years — a $1,500,000 house bought in 2019 would be worth approximately $847,351 today. Properties are sitting on the market for 28 days (sellers have the leverage).

- **Median house:** $1,500,000 | **Units:** $375,899 - **Gross yield:** 2.4% | **Net yield:** 0.9% - **Vacancy:** 2.1% (improving) | **Rental demand:** High - **5yr price growth:** 12.1%/yr | **3yr forecast:** 13.6%/yr - **Days on market:** 28 (stable)

STR potential: $185/night at 70% occupancy = ~$47,268/yr gross. That's a **30% premium** over long-term rent — but factor in higher management costs and council rules.

BULL CASE

If Sunnybank maintains 3%+ annual growth and vacancy stays below 1.5%, median prices could reach $1,725,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Sunnybank pull back 10-15% from $1,500,000, with vacancy rising to 3.8% and rental yields softening as tenants gain leverage.

WHAT TO DO

Sunnybank presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.4% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.

- Entry range: $1,350,000 – $1,650,000 - Minimum yield to target: 4.5% - Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.