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The real estate market of Sunnybank has witnessed significant changes over the last three decades. These changes have led to rising costs in real estate as pricing, and other construction-related fees have risen compared to what was obtainable in the past. These changes have been influenced by the rising population. Although still considered a suburb, the population explosion has changed the city's demography and the real estate market. It is not uncommon to see different types of residential and commercial buildings as developers develop new architecture to meet the changing requirements of Sunnybank’s diverse population.

The development of the area has also led to a rise in the price of real estate as well. For example, according to data, the median price for residential property rose by 62.40% in 2018, from an average of $492,000 to $800,000 in less than 10 years. But before this period, properties only increased in price by just 36%. So, as you can see, the rise in the value of real estate over the last 10 years was much higher than the previous 10 years. And if estimates are anything to go by, we expect the value of properties to increase even further as many more people relocate to this suburb of Brisbane, Queensland.

• About 41% of Sunnybank residents own their homes, with 36% living in rented apartments
• Between 2010-2018 the average value of real estate rose from $530,000-$827,500
• Most of the population work professional jobs

If you are looking to invest in real estate, Sunnybank, Brisbane, is a great market to commit investment. Although it lacks the large population of central Brisbane and some other locations in Queensland, however, the demand for real estate is still quite high amidst the growing population. Based on current data, Sunnybank holds the 920th spot for locations in Queensland with estimated real estate capital gains, and the growth rate has been consistent over the last 36 months.

Should you invest in real estate in Sunnybank, you may not experience a sporadic rise in property value; however, the rise will be gradual and consistent over the coming years, and you, like many before you, will reap the financial rewards of the thriving suburb.

If you are looking to buy a property in this part of Brisbane anytime soon, one professional service you will need is conveyancing. Just in case you have never heard of it before, Conveyancing is the process of transferring the ownership of a property from its former owner to the new owner. The process of transferring ownership of a property in Sunnybank can be quite complex. This is why many prefer to hire professional help to sort out the process. If you are looking to buy a property in Sunnybank, make sure you hire a professional outfit like LEAD Conveyancing services to help you complete the process.

Sunnybank is a locality somewhere on the fringes of Brisbane, in Queensland, Australia. This suburb forms a part that was once Cooper Plains, but in 1885, a rail line was constructed from Yeerongpilly, which led to a name change. The city is called little Asia because of a significant number of Asian residents. During the last 2016 census, for instance, nearly 20% of Sunnybank’s population was Chinese, almost 10% are Taiwanese, and there are about 2.6% Hong Kong indigenes. This is why there are more Asians within such a confined location than there are in many other cities elsewhere in Queensland or the rest of Australia.

One of the historical spots in Sunnybank is a popular farm called Sunny Brae, which is a 2-acre land earmarked solely for a railway. The word Brae is of Scottish origin and means Bank, which eventually gave rise to the name Sunnybank. Brisbane, the capital city of Queensland, has quite a rich connection with Scotland because some of the first set of migrants came from Scotland, and this connection is evident in Sunnybank.

Over the last 100 years, the city has thrived and expanded both in population and in commerce. So much so that there has been a spillover of development into other satellite towns and neighboring cities like Acacia Ridge, Runcorn, and Algester Calamvale. The current geography of Sunnybank was made official in 1971, but before then, this was not defined. Some of the statistics of this local suburb include

• A population of above 18,000 residents
• A special Autism and Educational center opened in July 1977
• It used to be a part of Coopers Plains
• There is a public library built in 1987 but refurbished in 2009

Just like in most parts of Brisbane, Sunnybank is a nice place to live, not only because it is safe and peaceful but also because there are more than a few side attractions to keep you engaged. These side attractions have been a huge draw for people living outside Sunnybank, and over the last few years, a few more have been developed to improve commerce and the general aesthetics of the area. So, if you are looking for spots to enjoy a nice outdoor experience, Sunnybank has several spots you will like.

For example, there is Southbank Parkland. This spot is very quiet and a great place to be at night as you get a clear view of the night stars. The charm of visiting this spot at night is that you enjoy oneness with nature amidst the calming breeze. Another spot that comes to mind is the Lone Pine Koala Sanctuary. This spot is a place to be if you like mammals and enjoy observing them at close quarters. Although there are a few other mammals at the sanctuary, koalas dominate the spot, and you can see them up close, and personal as they get fed and interact within social groups. There are also a few kangaroos here too.

Warner Bros Movie World is another lovely theme park that lies off Southbank. Here you can see firsthand how professionals prepare themselves before going on camera. Sunnybank also has exotic restaurants and lovely bars if you prefer to wine and dine out in the open every once in a while. Some other nice spots include

• A Tour of XXX Brewery
• Roma Street Parkland
• City Cat
• Mount Coot Summit Lookout