Property investors who have had real estate in Herston, 4006 should be relatively pleased 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 8.18%
When looking at the potential capital gains offered to property investors over the last 3 years, Herston comes in at number 14th in QLD.
Vendor discounting in Herston is giving property investors an average Vendor Discount of around -9.43%. This puts suburb at number 157th in QLD when ranking the most discounted suburbs.
Herston is 724th on a list of best yielding suburbs for rents in QLD with a 3.08% return
Over the last year, property investments in Herston, 4006 have given investors a capital gain of -4.08%. This compares badly with the 0.48% for QLD as a whole.
Comparing Herston,4006 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Herston should be aiming for at least -7.98% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.