Giving property investors a a solid capital gain of 11.89% for the last year, Chermside, 4032 is the 830th highest performer in Australia in this respect.
While Chermside,4032 ranked number 258th in QLD for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.
Our latest figures would indicate that property sellers in Chermside are currently offering property investors an average price cut of -5.45% below the asking price at the moment.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 5.97%.
QLD has seen average median house prices change by 0.98% which means that Chermside, 4032 has done well for property investors by showing a capital gain of -2.25% over the last year
Across a shorter period, Chermside, 4032 has seen a median price increase of -2.25% over the last 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 -5.78% is being offered, which puts this QLD suburb at 545th most discounted overall in Australia.