Hermit Park QLD 4812

Here you can find what you need to know about Hermit Park, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$343k Median Sale Price (National Average $485k) 656th In QLD
7.03% Median Price Change (1 yr) (National Average 4.30%) 179th In QLD
$330pw Median Rent (National Average $395) 637th In QLD
5.0% Median Gross Yield (National Average 4.24%) 308th In QLD
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 50
Average discounting -10.69%
Average Days on Market 67
Stock on Market 8 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Hermit Park, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Hermit Park, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Hermit Park, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Hermit Park


Loading

State Auction Clearance Rates - June 2019

Auctions Clearance rate
QLD 116 31%
ACT 41 56%
NSW 558 61%
NT 7 0%
SA 106 54%
TAS 3 50%
VIC 635 69%
WA 25 13%

Local Schools


Loading

Suburb Information

Hermit Park, QLD 4812

Part of: Townsville City Council No data available

The size of Hermit Park is approximately 2.2 square kilometres. It has 2 parks covering nearly 16.6% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Hermit Park

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Hermit Park   for Houses in last 12 months


There have been 46 Houses sold in Hermit Park in the past 12 months with a median sale price of $336K, up 1.89% annually. It takes on average 65 days to sell with vendor discounting of -10.72%.

Streets in Hermit Park


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Kurunjang VIC, 3337 11.91% $433,500 $330pw 4.0% View Suburb Profile
Woy Woy NSW, 2256 -2.17% $675,000 $430pw 3.3% View Suburb Profile
Townsville City QLD, 4810 Unavailable Unavailable $350pw Unavailable View Suburb Profile
Myrtle Creek VIC, 3551 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Mysterton QLD, 4812 -23.08% $350,000 $370pw 5.5% View Suburb Profile
Gulliver QLD, 4812 37.21% $295,000 $298pw 5.2% View Suburb Profile