At number 1557th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside, 4032 is in the top 40% with a property value increase of 8.04% recorded in median house prices.
Chermside,4032 was ranked 515 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 -7.96% is being offered, which puts this QLD suburb at 782th most discounted overall in Australia.
Residents and property investors in Chermside have been waiting around 68.13 days to sell a property.
Chermside, 4032’s gross rental yield is 3.58%
Property investors who have had real estate in Chermside, 4032 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.13%
Over the longer term, Chermside has seen property prices show investors a 14.47% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.70% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -5.33% to real estate investors.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.