Property investors who have had real estate in Herston, 4006 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.12%
Across a shorter period, Herston, 4006 has seen a median price increase of -1.30% over the last quarter.
Using the current median advertised rental of $530 and the average annual increase in value of a median property of 8.33%, investors should hope to achieve an overall return of 3.63%
Herston is an average performer in QLD when comparing median price capital growth over the last year. Herston gave property investors a good capital gain figure when compared to the rest of the state, with 3.40%.
Herston,4006 has offered an average of 3.40% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Herston should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $410 mark per week – giving a return of 4.06% based on the median price in Suburb