If you compare the increase in value of investment property in Chermside, 4032 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.02%.
If we look at median property appreciation over just the last three months, Chermside has given property investors a paper return of 1.30%. This puts Suburb as 549 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Chermside should be aiming for at least -5.70% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Chermside have been waiting around 66.0526 days to sell a property.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 3.47%.
Chermside is in the bottom 40% in QLD when comparing median price capital growth over the last year. Chermside gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.27%.
If we look at median property appreciation over just the last three months, Chermside has given property investors a paper return of 1.90%. This puts Suburb as 155 on a list of fastest fasting appreciating suburbs in QLD
Chermside, 4032 is offering QLD ‘s 79th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.
Renters in Suburb are facing rents around $20280 per annum or $390 every week.