With a capital gain of 3.90% for the last 12 months, Chermside West, 4032 has performed for property investments than its average annual 4.63% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Chermside West,4032 has racked up an average of 3.90% over the period. This ranks it number 1962th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Chermside West itself are offering an average vendor discount of -5.33% to real estate investors.
With the median price for a house in Chermside West being $559000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.00%