Giving property investors a a stable capital gain of 9.70% for the last year, Chermside, 4032 is the 1370th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chermside has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Chermside itself are offering an average vendor discount of -5.08% to real estate investors.
With the median price for a house in Chermside being $636250 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.27%
Property investors who have had real estate in Chermside, 4032 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Across a shorter period, Chermside, 4032 has seen a median price increase of 2.74% over the last quarter.
Property buyers and investors in Chermside 4032 should be seeing an average reduction in asking price of around -5.35% . This means that Chermside is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 13.50 sales per month, which equates to 162 per year.
The QLD suburb of Chermside, 4032 is in the Brisbane (C) local government area.