If you compare the increase in value of investment property in Chermside, 4032 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.54%.
If we look at median property appreciation over just the last three months, Chermside has given property investors a paper return of 2.17%. This puts Suburb as 227 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -4.75% to real estate investors.
In the last year 74 properties changed hands in Chermside, which puts it as the 326th most active market in QLD when comparing the number of sales per suburb.
Situated 8.99km from the CBD, Chermside is one of Brisbane localities in the postcode 4032.
If you compare the increase in value of investment property in Chermside, 4032 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.14%.
Comparing Chermside,4032 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Chermside are currently offering property investors an average price cut of -5.78% below the asking price at the moment.
With the median price for a house in Chermside being $435000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.66%