Chermside has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.67% to date .
The five-year average increase in median property values for Chermside,4032 has given property investors a potential capital gain of 38.82% across each of those five years.
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 -5.38% is being offered, which puts this QLD suburb at 2264th most discounted overall in Australia.
Situated 8.78km from the CBD, Chermside is one of Brisbane localities in the postcode 4032.
QLD has seen average median house prices change by 0.65% which means that Chermside, 4032 has done well for property investors by showing a capital gain of -5.93% over the last year
Taking the average capital gain, or increase in median house value, Chermside,4032 has racked up an average of -5.93% over the period. This ranks it number 1107th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Chermside are currently offering property investors an average price cut of -5.42% below the asking price at the moment.
Advertised rents are around the $380 mark per week – giving a return of 4.67% based on the median price in Suburb