Chermside has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.78% to date .
Chermside,4032 was ranked 869 in Australia by increase in median property value over the quarter.
At number 241th of QLD’s most discounted properties, Chermside is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Chermside have been waiting around 78.3725 days to sell a property.
With a capital gain of -7.36% for the last 12 months, Chermside, 4032 has performed for property investments than its average annual -1.27% property growth over the last 5 years.
Chermside,4032 was ranked 1446 in Australia by increase in median property value over the quarter.
Chermside, 4032 is offering QLD ‘s 131th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 5.63%, without taking into account capital value appreciation, which has been averaging out at -1.27%.