Over the last year, property investments in Chermside West, 4032 have given investors a capital gain of 7.68%. This compares badly with the 12.16% for QLD as a whole.
The five-year average increase in median property values for Chermside West,4032 has given property investors a potential capital gain of 25.77% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Chermside West is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 515th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Chermside West the average time real estate has been on the market is 21.4024 days.
Using the current median advertised rental of $485 and the average annual increase in value of a median property of 4.00%, investors should hope to achieve an overall return of 3.75%
Advertised rents are around the $450 mark per week – giving a return of 4.50% based on the median price in Suburb