Investment property in Herston has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.92%
Over the longer term, Herston has seen property prices show investors a 16.03% return over the last 3 years. This is an improvement over the last 12 months
With a capital gain of -0.90% for the last 12 months, Herston, 4006 has performed for property investments than its average annual 7.37% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Herston has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Herston should be aiming for at least -3.78% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Herston the average time real estate has been on the market is 79.46 days.