QLD has seen average median house prices change by 2.03% which means that Chermside, 4032 has done well for property investors by showing a capital gain of -5.69% over the last year
The five-year average increase in median property values for Chermside,4032 has given property investors a potential capital gain of 19.59% across each of those five years.
Our latest figures would indicate that property sellers in Chermside are currently offering property investors an average price cut of -6.06% below the asking price at the moment.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.
Property investors who have had real estate in Chermside, 4032 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.53%
Across a shorter period, Chermside, 4032 has seen a median price increase of -0.15% over the last quarter.
The most recent median price for Chermside is $388085, with sellers offering an average of -5.31% off the asking price.
Advertised rents are around the $380 mark per week – giving a return of 5.09% based on the median price in Suburb