Giving property investors a an unimpressive capital gain of -4.07% for the last year, Chermside, 4032 is the 3144th highest performer in Australia in this respect.
While Chermside,4032 ranked number 817th in QLD for increase in median house value (annualised) increase, it is ranked 254th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chermside, 4032. Typically our figures indicate that -4.89% is being offered, which puts this QLD suburb at 2281th most discounted overall in Australia.
Chermside is 694th on a list of best yielding suburbs for rents in QLD with a 3.53% return
At number 842th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside, 4032 is in the BOTTOM 50% with a property value increase of -0.49% recorded in median house prices.
A -1.75% growth in median value for property investors in Chermside,4032 puts this suburb at number 214th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Chermside should be aiming for at least -6.21% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Chermside the average time real estate has been on the market is 83.42 days.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of -0.24%, investors should hope to achieve an overall return of 5.09%