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 increase in value by 4.36%
While Chermside,4032 ranked number 134th in QLD for increase in median house value (annualised) increase, it is ranked 78th over the last 5 years.
At number 515th of QLD’s most discounted properties, Chermside is in the TOP 40% of the state/territory when listing in order of most discounted to least.
The QLD suburb of Chermside, 4032 is in the Brisbane local government area.
Over the last year, property investments in Chermside, 4032 have given investors a capital gain of -5.62%. This compares badly with the 0.77% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Chermside,4032 has racked up an average of -5.62% over the period. This ranks it number 1319th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Chermside is $420000, with sellers offering an average of -6.06% off the asking price.
At number 1341 in a list of fastest selling suburbs, Chermside is in the bottom 20% of suburbs in Australia with an average of days on market 118.16 for properties listed there.