Property investors who have had real estate in Chermside, 4032 should be relatively pleased 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 9.07%
A 38.93% growth in median value for property investors in Chermside,4032 puts this suburb at number 607th in terms of best performing suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -5.27% to real estate investors.
Chermside, 4032’s gross rental yield is 3.56%
Investment property in Chermside has done 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 -6.67%
Across a shorter period, Chermside, 4032 has seen a median price increase of -4.55% over the last quarter.
Vendor discounting in Chermside is giving property investors an average Vendor Discount of around -5.49%. This puts suburb at number 175th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $385 mark per week – giving a return of 4.77% based on the median price in Suburb