Sunnybank
Real estate profile
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Location
14 km south of the Brisbane CBD.
Features
Proximity to ANZ Stadium, Sunnybank rail station.
Median Price
REIQ research shows that the median house price in the suburb for the calendar year 2006 was $365,000.
Median Weekly Rent
The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $290. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $320.
Profile
Sunnybank is a Brisbane success story. A high-set suburb positioned 12 kilometres south of the CBD and with central access via Mains Road and the Pacific Motorway, it is one of the most populous suburbs in Greater Brisbane and has a thriving community.
Since the 1970s a large number of Chinese migrants have settled in the area; their integration into the community has given the area a distinct cultural identity. Many shop front signs are bilingual reflecting the population mix.
Local facilities are extensive, with a private hospital, public council library, cinemas and extensive retail services, including the Sunnybank Hills Shoppingtown. There are a large number of restaurants in the area. The world-class ANZ Stadium is a few minutes’ drive north.
Students are catered for with Sunnybank State Primary School, Sunnybank State High School and St Thomas More Catholic College, as well as an abundance of other schools in the adjacent suburbs of Sunnybank Hills, Coopers Plains, Robertson, Macgregor, Acacia Ridge and Runcorn. Tertiary students have the choices of the Moreton Institute of TAFE in Mt Gravatt or the two Griffith University campuses in Nathan and Mt Gravatt. The three institutions are within ten minutes’ drive.
The community started life as the “Town of Sunnybank” in 1889, and served as the central hub for the surrounding farms. The urbanisation really started developing in the 1960s, and transport to the city has developed greatly in the last 25 years with the Mains Road – Pacific Motorway link completed in the late 1970s. There is good public transport to and from the suburb with regular Cityxpress buses and a railway station.
Sunnybank housing styles tend to be about 25 years old, and low set and high set brick. There are also chamferboard homes. Ex-housing commission weatherboard post-war homes dating back to the original settlement are also available.
There are a number of prestige houses in the area ranging from $600,000 to $1 million. There is very little vacant land available. There are a number of townhouses being built.
According to the 2006 Census there were 7,845 people living in the suburb with a median age of 35. The median individual income was $369 per week. Of all occupied private dwellings 64.9% were either fully owned or being purchased; 27.3% were being rented.
Source: REIQ
REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.
This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.



