At number 1419th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside West, 4032 is in the top 40% with a property value increase of 8.25% recorded in median house prices.
Chermside West,4032 has offered an average of 8.25% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Chermside West should be aiming for at least -5.11% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 115 properties changed hands in Chermside West, which puts it as the 201th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.99%, investors should hope to achieve an overall return of 4.01%