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Investment Property Hermit Park, QLD, 4812

Suburb Snapshot

Hermit Park is a suburb in the Townsville Region of Queensland. Hermit Park has a population of 3,413 people and 40.38% of its occupants live in rental accommodation. The median listing price for houses is $550,000 and this has changed 22.49% over the past year and changed 22.22% over 2 years.

The median rent in Hermit Park for houses is $435 per week and the median rental yield is 4.11%. Stock on the market for houses/townhouses has changed 110.00% compared to last year and the average time to sell a house/townhouse is 41 days.The median listing price for units is $270,000 and this has changed 21.62% over the past year. The average unit takes 59 days to sell and the median rent for a unit in Hermit Park is $370 per week, producing a rental yield of 7.12%.

Supply & Demand in Hermit Park, Townsville

0.86%

Current vacancy rate


16

Rental stock available


3,413

Population


40.38%

Rental population


0.96%

Current vacancy rate


851

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Hermit Park, Townsville

  House Townhouses Units
Median listing price $550,000 NA $270,000
Median price change - last quarter 0.09% NA 5.97%
Median price change - 1 year 22.49% NA 21.62%
Median price change - 2 years 22.22% NA 35.00%
  House Townhouses Units
Median weekly rent $435 NA $370
Median yield % 4.11% NA 7.12%
Median rent change - 1 year -3.34% NA 12.12%
  House Units
Previous month sales 3 1
Stock on market previous month 21 3
Stock variance vs. last year 110.00% -70.00%
Average days on market 41 59

Hermit Park investment property listings

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