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Hemmant
AREA REPORTS

Hemmant

Hemmant - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4174

house

HEMMANT, 4174 ranks 838th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 32.54% for property investors.

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 $725,000.

The upward trend in home prices in HEMMANT, 4174 averaged 10.21% per annum over a 3-year period.

Average weekly rents on listings have reached the $540 mark, reflecting a 3.87% increase in returns based on the current median price in HEMMANT.

An average of 4.08 real estate transactions take place per month in HEMMANT which translates to 49 per annum.

49 properties were sold in HEMMANT in 2016, making it the 239th most active market in QLD based on total real estate transactions.

HEMMANT, 4174 places 103rd 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 $725,000 N/A
GROWTH REPORT
Median Quarterly 11.54% N/A
Median 12 month 32.54% N/A
Median 3 years 30.63% N/A
Median 5 years 53.6% N/A
10 years average annual 6.54% N/A
Weekly media advert. rent $540 N/A
Time on Market 20.2 days N/A
Gross Rental Yield Percent 3.87% 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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