QLD has seen average median house prices change by 2.11% which means that Herston, 4006 has done well for property investors by showing a capital gain of 4.56% over the last year
Our latest figures would indicate that property sellers in Herston are currently offering property investors an average price cut of -7.11% below the asking price at the moment.
At number 1832 in a list of fastest selling suburbs, Herston is just in the top half of suburbs in Australia with an average of days on market 80.5 for properties listed there.
Property value increases in Herston have tracked just lower than the QLD average of 1.12% over the last 12 months.
Over the longer term, Herston has seen property prices show investors a 16.67% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.55% to buyers in Herston at the moment, which is less than average for the rest of QLD.
Residents and property investors in Herston have been waiting around 105.3 days to sell a property.
With the median price for a house in Herston being $490000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 4.35%