Chermside is an average performer in QLD when comparing median price capital growth over the last year. Chermside gave property investors a good capital gain figure when compared to the rest of the state, with 4.96%.
When looking at the potential capital gains offered to property investors over the last 3 years, Chermside comes in at number 234th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -4.64% to real estate investors.
With the median price for a house in Chermside being $595500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.49%
Property value increases in Chermside have tracked just lower than the QLD average of 0.29% over the last 12 months.
Chermside,4032 was ranked 568 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chermside, 4032. Typically our figures indicate that -6.42% is being offered, which puts this QLD suburb at 371th most discounted overall in Australia.
Residents and property investors in Chermside have been waiting around 111.63 days to sell a property.
Chermside is 314th on a list of best yielding suburbs for rents in QLD with a 4.48% return