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Cashmere

Suburb Profile

Cashmere - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4500

house

CASHMERE, 4500 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 $755,000.

Profits due to an upward trend in home prices in the suburb averaged 5.53% per annum over a 3-year period.

CASHMERE now ranks at the 580th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in CASHMERE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $525 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CASHMERE, homes and units usually stay on listing for an average of 94.2 days.

In 2016, 69 properties were sold in CASHMERE during the past year, making it the 121st most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $755,000 N/A
GROWTH REPORT
Median Quarterly -1.95% N/A
Median 12 month 0% N/A
Median 3 years 16.6% N/A
Median 5 years 13.53% N/A
10 years average annual 2.99% N/A
Weekly media advert. rent $525 N/A
Time on Market 94.2 days N/A
Gross Rental Yield Percent 3.62% N/A
demographics (median values)
Total Population
1134
Weekly Household Income
1787
Household Size
3.40
demographics
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