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 2.64%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hermit Park has stayed pretty constant when compared to the 5 year average annual rate.
At number 131th of QLD’s most discounted properties, Hermit Park is in the bottom 20% of the state/territory when listing in order of most discounted to least.
The QLD suburb of Hermit Park, 4812 is in the Townsville local government area.
Over the last year, property investments in Hermit Park, 4812 have given investors a capital gain of -25.56%. This compares very badly with the 0.29% for QLD as a whole.
Hermit Park,4812 was ranked 1194 in Australia by increase in median property value over the quarter.
Advertised rents are around the $212.5 mark per week – giving a return of 8.25% based on the median price in Suburb