This property offers an ideal opportunity to secure an investment with future upside and flexibility. Sumner is one of Brisbane s most established inner Western industrial suburbs.
- $353,000pa net income
- Only $81.34/sqm based on total building area
The size of Sumner is approximately 1.9 square kilometres. It has 2 parks covering nearly 27.1% of total area. The population of Sumner in 2011 was 540 people. By 2016 the population was 600 showing a population growth of 11.1% in the area during that time. The predominant age group in Sumner is 30-39 years. Households in Sumner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sumner work in a professional occupation. In 2011, 59.3% of the homes in Sumner were owner-occupied compared with 61.6% in 2016.
Sumner has 624 properties. Over the last 5 years, Houses in Sumner have seen a 94.82% increase in median value, while Units have seen a 64.51% increase. As at 31 October 2024:
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