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Hemmant
AREA REPORTS

Hemmant

Hemmant - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4174

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $553,000.

The upward trend in home prices in HEMMANT, 4174 averaged 0.8% per annum over a 3-year period.

Average weekly rents on listings have reached the $525 mark, reflecting a 4.94% increase in returns based on the current median price in HEMMANT.

An average of 3.42 real estate transactions take place per month in HEMMANT which translates to 41 per annum.

41 properties were sold in HEMMANT in 2016, making it the 305th most active market in QLD based on total real estate transactions.

HEMMANT, 4174 places 709th in Australia based on median property value growth during the quarter.

Data report can be found below

Hemmant
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $553,000 N/A
GROWTH REPORT
Median Quarterly 1.94% N/A
Median 12 month 0.55% N/A
Median 3 years 2.41% N/A
Median 5 years 18.42% N/A
10 years average annual 3.06% N/A
Weekly media advert. rent $525 N/A
Time on Market 32.4 days N/A
Gross Rental Yield Percent 4.94% N/A
demographics (median values)*
Total Population
2681
Weekly Household Income
1089
Household Size
2.60
Age
34
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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