Over the last year, property investments in Hermit Park, 4812 have given investors a capital gain of -1.24%. This compares badly with the 2.82% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Hermit Park comes in at number 750th in QLD.
In the last year 36 properties changed hands in Hermit Park, which puts it as the 548th most active market in QLD when comparing the number of sales per suburb.
Over the last year, property investments in Hermit Park, 4812 have given investors a capital gain of -21.18%. This compares very badly with the -0.09% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hermit Park has fallen somewhat when compared to the 5 year average annual rate.
Using the current median advertised rental of $210 and the average annual increase in value of a median property of -4.56%, investors should hope to achieve an overall return of 8.15%