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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 $549,500 and this has changed 22.38% over the past year and changed 22.11% over 2 years.

The median rent in Hermit Park for houses is $420 per week and the median rental yield is 3.97%. Stock on the market for houses/townhouses has changed 63.64% compared to last year and the average time to sell a house/townhouse is 41 days.The median listing price for units is $275,000 and this has changed 23.04% over the past year. The average unit takes 46 days to sell and the median rent for a unit in Hermit Park is $370 per week, producing a rental yield of 6.99%.

Supply & Demand in Hermit Park, Townsville

1.18%

Current vacancy rate


22

Rental stock available


3,413

Population


40.38%

Rental population


0.95%

Current vacancy rate


843

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Hermit Park, Townsville

  House Townhouses Units
Median listing price $549,500 NA $275,000
Median price change - last quarter 0.09% NA 5.97%
Median price change - 1 year 22.38% NA 23.04%
Median price change - 2 years 22.11% NA 37.50%
  House Townhouses Units
Median weekly rent $420 NA $370
Median yield % 3.97% NA 6.99%
Median rent change - 1 year -6.67% NA 12.12%
  House Units
Previous month sales 4 1
Stock on market previous month 18 4
Stock variance vs. last year 63.64% -71.43%
Average days on market 41 46

Hermit Park investment property listings

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