With a capital gain of 6.44% for the last 12 months, Chermside, 4032 has performed for property investments than its average annual 3.23% property growth over the last 5 years.
Chermside,4032 was ranked 1617 in Australia by increase in median property value over the quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.34% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -4.76% to real estate investors.
At number 1919 in a list of fastest selling suburbs, Chermside is just in the bottom half of suburbs in Australia with an average of days on market 75.9024 for properties listed there.
With the median price for a house in Chermside being $620000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.35%
Investment property in Chermside has done 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 -7.93%
Chermside,4032 has offered an average of -7.93% return per annum in house price rises to property investors over the last three years.
Chermside, 4032 is offering QLD ‘s 80th 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.
Chermside, 4032’s gross rental yield is 5.49%