Chermside, 4032 ranked 110th in QLD when comparing growth in median property values or capital gain over the last 12 months. Chermside is one of 2415 in our list for QLD
Over the longer term, Chermside has seen property prices show investors a 28.26% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Chermside are currently offering property investors an average price cut of -6.73% below the asking price at the moment.
Chermside is 666th on a list of best yielding suburbs for rents in QLD with a 3.48% return
Investment property in Chermside has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.46%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chermside has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Chermside is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 132th in terms of most discounted suburbs in QLD
In the last year 236 properties changed hands in Chermside, which puts it as the 24th most active market in QLD when comparing the number of sales per suburb.