2. QLD
  3. Townsville

Hermit Park QLD 4812

Houses Units

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

$490K Median Sale Price (National Average $485k) 801st In QLD
13.95% Median Sale Price Change (1yr) (National Average 4.30%) 425th In QLD
$420pw Median Rent (National Average $395) 720th In QLD
4.5% Median Gross Yield (National Average 4.24%) 288th In QLD
Properties sold 81
Average discounting -5.80%
Average Days on Market 32
Stock on Market 44 for sale

Investment Strategy Scores

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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


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Hermit Park, QLD 4812

Part of: Townsville Council No data available

The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% 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 81 Houses sold in Hermit Park in the past 12 months with a median sale price of $490K, up 14.0% annually. It takes on average 12 days to sell with vendor discounting of -5.8%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Herne Hill VIC, 3218 -5.41% $700,000 $463pw 3.4% View Suburb Profile
Myrtle Creek VIC, 3551 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Hallam VIC, 3803 9.52% $747,500 $510pw 3.5% View Suburb Profile
Hinchinbrook NSW, 2168 8.26% $1,022,500 $650pw 3.3% View Suburb Profile
Townsville City QLD, 4810 1% $505,000 $530pw 5.5% View Suburb Profile
Kurunjang VIC, 3337 -0.08% $520,000 $420pw 4.2% View Suburb Profile

Currency

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