Property value increases in Cashmere have tracked close to the QLD average of 2.44% 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 Cashmere has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Cashmere is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 679th in terms of most discounted suburbs in QLD
With the median price for a house in Cashmere being $670000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.27%