Hermit Park, 4812 ranked 615th in QLD when comparing growth in median property values or capital gain over the last 12 months. Hermit Park is one of 2415 in our list for QLD
Hermit Park,4812 was ranked 1374 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Hermit Park is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 236th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Hermit Park the average time real estate has been on the market is 80.21 days.
The QLD suburb of Hermit Park, 4812 is in the Townsville local government area.
At number 1449th in the list of Australian suburbs ordered by increase in median house value over the last year, Hermit Park, 4812 is in the BOTTOM 20% with a property value increase of -5.88% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Hermit Park,4812 has racked up an average of -5.88% over the period. This ranks it number 1596th in the whole country for real estate investors looking at median house price increases.
Hermit Park, 4812 is offering QLD ‘s most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this QLD.
With the median price for a house in Hermit Park being $160000 and the advertised rent reaching $225 the gross rental yield for property investors calculates out to be 7.31%