Giving property investors a an unimpressive capital gain of -2.86% for the last year, Hermit Park, 4812 is the 3342th highest performer in Australia in this respect.
Hermit Park,4812 was ranked 3129 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 -7.16. This rate of discount on properties puts Suburb at number 165th 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 81.5 days.
With a capital gain of -0.91% for the last 12 months, Hermit Park, 4812 has performed for property investments than its average annual -1.06% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Hermit Park,4812 has racked up an average of -0.91% over the period. This ranks it number 1607th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Hermit Park 4812 should be seeing an average reduction in asking price of around -17.78% . This means that Hermit Park is holding prices well when compared to other suburbs in QLD.
Hermit Park is 22th on a list of best yielding suburbs for rents in QLD with a 7.04% return