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Herston
AREA REPORTS

Herston

Herston - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4006

house
unit
HERSTON ranks 445th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.99% for the past year is higher than average compared to its 22.73% growth within a five-year period.

Also in HERSTON, the median home price is sitting at $932,750, and the average rent at $497.5, this suggests property owners could potentially earn a 2.77% increase in gross rental yield.

Property investors have seen a 4.16% gain in HERSTON based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5% growth over a ten-year period. It ranks 2047th on our list of suburbs that property investors should look into.

Data report can be found below

Herston
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $932,750 $512,500
GROWTH REPORT
Median Quarterly 4.16% 12.64%
Median 12 month 5.99% 15.1%
Median 3 years 22.89% 28.93%
Median 5 years 22.73% 2.71%
10 years average annual 5% 2.49%
Weekly media advert. rent $497.5 $387.5
Time on Market 66.0 days 52.7 days
Gross Rental Yield Percent 2.77% 3.93%
demographics (median values)*
Total Population
1797
Weekly Household Income
1179
Household Size
2.40
Age
29
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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