Cashmere has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.89% to date .
If we look at median property appreciation over just the last three months, Cashmere has given property investors a paper return of 0.39%. This puts Suburb as 449 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Cashmere is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 748th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 5.42 sales per month, which equates to 65 per year.
Advertised rents are around the $550 mark per week – giving a return of 4.42% based on the median price in Suburb