Herston, 4006 ranked 177th in QLD when comparing growth in median property values or capital gain over the last 12 months. Herston is one of 2415 in our list for QLD
Over the longer term, Herston has seen property prices show investors a 48.71% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Herston is giving property investors an average Vendor Discount of around -9.43%. This puts suburb at number 163th in QLD when ranking the most discounted suburbs.
In the last year 26 properties changed hands in Herston, which puts it as the 629th most active market in QLD when comparing the number of sales per suburb.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.01%, without taking into account capital value appreciation, which has been averaging out at 6.15%.
QLD has seen average median house prices change by 0.65% which means that Herston, 4006 has done well for property investors by showing a capital gain of -2.93% over the last year
Comparing Herston,4006 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Herston, 4006 is offering QLD ‘s 48th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Advertised rents are around the $398 mark per week – giving a return of 4.31% based on the median price in Suburb