QLD has seen average median house prices change by 10.14% which means that Chermside, 4032 has done well for property investors by showing a capital gain of 14.66% over the last year
If we look at median property appreciation over just the last three months, Chermside has given property investors a paper return of 8.86%. This puts Suburb as 119 on a list of fastest fasting appreciating suburbs in QLD
Chermside4032 is located in QLD which offers an average discount of -5.00% to property investors. Chermside itself is showing figures that indicate -5.65% is the average achievable by property buyers investing in the suburb.
In the last year 67 properties changed hands in Chermside, which puts it as the 475th most active market in QLD when comparing the number of sales per suburb.
At number 549th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside, 4032 is in the top 40% with a property value increase of 9.57% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Chermside,4032 has racked up an average of 9.57% over the period. This ranks it number 1104th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.76% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -4.72% to real estate investors.