With a capital gain of 8.80% for the last 12 months, Chermside, 4032 has performed for property investments than its average annual 5.56% property growth over the last 5 years.
Chermside,4032 has offered an average of 8.80% return per annum in house price rises to property investors over the last three years.
At number 599th of QLD’s most discounted properties, Chermside is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Chermside is 660th on a list of best yielding suburbs for rents in QLD with a 3.54% return
Property value increases in Chermside have tracked just lower than the QLD average of 0.48% over the last 12 months.
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 -6.15. This rate of discount on properties puts Suburb at number 161th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 17.92 sales per month, which equates to 215 per year.
Situated 5.77km from the CBD, Chermside is one of Brisbane localities in the postcode 4032.