If you compare the increase in value of investment property in Herston, 4006 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.99%.
If we look at median property appreciation over just the last three months, Herston has given property investors a paper return of 0.87%. This puts Suburb as 362 on a list of fastest fasting appreciating suburbs in QLD
Herston, 4006 is offering QLD ‘s 150th 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.
Often selling an investment property can take time, and in Herston the average time real estate has been on the market is 72.4 days.
With the median price for a house in Herston being $870000 and the advertised rent reaching $517.5 the gross rental yield for property investors calculates out to be 3.09%
Giving property investors a a poor capital gain of -9.00% for the last year, Herston, 4006 is the 1534th highest performer in Australia in this respect.
The five-year average increase in median property values for Herston,4006 has given property investors a potential capital gain of 1.12% across each of those five years.
At number 32th of QLD’s most discounted properties, Herston is in the bottom 20% of the state/territory when listing in order of most discounted to least.
At number 1329 in a list of fastest selling suburbs, Herston is in the bottom 10% of suburbs in Australia with an average of days on market 121.67 for properties listed there.
The QLD suburb of Herston, 4006 is in the Brisbane local government area.