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AREA REPORTS

Chelmer

Suburb Profile

Chelmer - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4068

house

A steady increase in median property prices over a five-year period in the suburb translates to a 23% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,230,000

The augmented property values in the suburb are trailing behind the territorial average of 5.08% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $800.

Home owners selling their properties and realtors in CHELMER usually have to wait an average of 58.1 days days before their assets are lifted off the market.

The QLD suburb ranks 659th on the list of best yielding suburbs for rental properties in QLD, posting a 3.38% return.

It also places places 512th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,230,000 N/A
GROWTH REPORT
Median Quarterly 1.23% N/A
Median 12 month 2.5% N/A
Median 3 years 23% N/A
Median 5 years 22.39% N/A
10 years average annual 3.92% N/A
Weekly media advert. rent $800 N/A
Time on Market 58.1 days N/A
Gross Rental Yield Percent 3.38% N/A
demographics (median values)
Total Population
2560
Weekly Household Income
1706
Household Size
2.70
demographics
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