Investment property in Hermit Park has done pretty 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 -3.34%
When looking at the potential capital gains offered to property investors over the last 3 years, Hermit Park comes in at number 723th in QLD.
At number 216th of QLD’s most discounted properties, Hermit Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.
With a capital gain of 9.42% for the last 12 months, Hermit Park, 4812 has performed for property investments than its average annual 0.27% property growth over the last 5 years.
Our latest figures would indicate that property sellers in Hermit Park are currently offering property investors an average price cut of -19.12% below the asking price at the moment.
The QLD suburb of Hermit Park, 4812 is in the Townsville local government area.