Buying or renting a property is an important decision. It is also important to understand the suburb and understand the profile of the people living in it. This Synnybank suburb profile will provide a general overview and pointers for aspiring renter, tenant, buyer or investor.
Synnybank suburb profile and suburb overview
Synnybank is a well know suburb within the Brisbane City Council area. The suburb is located in the Southern part of BCC. It is only 16 kilometres from Brisbane CBD. The postcode for Synnybank in 4109 and it had a population of over 8,697 people. The split between males and females is 50.3% to 49.7%. This map is showing Synnybank in Queensland.
Synnybank suburb demographics
This report is good outline of Synnybank demographics, ancestry breakdown of people living in the suburb. The report also shows the percentage of properties owned and tenanted in the suburb. It would show the percentage of people living in public housing and weekly household income.
Synnybank ancestry profile
Synnybank has a high percentage of Chinese population. Around 36.5% of people living in Synnybank are of Chinese background. This is follows by English at 17%. People of Australian ancestry come third at 13.7%. It is notable that Synnybank has a high Irish and Scottish population as well.
Synnybank public housing and tenant profile
This suburbs has a majority of people living in private housing. However, the percentage of public housing tenants is below average. Especially when compared to other Brisbane suburbs. Public housing in Synnybank is below 3.5%. This means that under 3.5% of people tend to be in lower socio-economic background and qualify for subsidised housing.
A little over 39% of people in this suburbs own their houses outright, about 24% are paying their properties off and 31% are renting. We tend to like suburbs where the renter ratio doesn’t exceed 30%. Higher percentage of renters often suggests to us that the suburb is not desirable for owner occupiers.
Synnybank age profile and income
Working age of population in Synnybank is very young. Majority of people are in the 25-34 age bracket, the second largest age bracket is 35-44. From the wealth perspective Synnybank is a balanced income suburb. Whereby over 35% of this suburb population earn less than $1,250 a week. This is followed by 19% earning less than $1,500 a week per household. Only about 7% of residents in the suburb earn in the top bracket.
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