Thinking about buying in Hermit Park? Now could not be a better time, with 2504 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $410,000 with prices in this suburb ranging from $91,000 to $2,119,000. Hermit Park is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Hermit Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Hermit Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Hermit Park changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Hermit Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
40 SHERRIFF ST, HERMIT PARK, QLD, 4812 | 4 | 1 | 1 | Offers Over $689,000 | |
26 NORRIS ST, HERMIT PARK, QLD, 4812 | 3 | 1 | 2 | UNDER CONTRACT - OFFERS OVER $550,000 | |
UNIT 6, 46 CLAYTON ST, HERMIT PARK, QLD, 4812 | 2 | 1 | 1 | 289000 |
St Margaret Mary's College
Hermit Park State School
Townsville Flexible Learning Centre
Townsville State High School
St Joseph's Catholic School
Townsville West State School
Mundingburra State School
Railway Estate State School
Pimlico State High School
Marian Catholic School
(While the above schools are located with the suburb of Hermit Park there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jun | 0.7 | 15.5 | 25.9 | 46.9 | 92.0 | 3.5 | 15.6 |
Jul | 0.6 | 14.8 | 25.9 | 44.6 | 91.7 | 3.6 | 17.0 |
Aug | 0.4 | 15.0 | 26.8 | 42.6 | 92.4 | 3.7 | 19.7 |
Sept | 0.1 | 17.4 | 28.4 | 42.3 | 88.4 | 4.3 | 23.8 |
Oct | 0.6 | 20.9 | 29.8 | 46.9 | 85.0 | 5.0 | 25.7 |
Nov | 1.8 | 23.2 | 30.8 | 52.2 | 84.4 | 5.1 | 26.9 |
Dec | 5.1 | 24.6 | 32.0 | 52.3 | 84.9 | 5.1 | 27.1 |
Jan | 8.5 | 24.9 | 31.8 | 58.4 | 89.9 | 4.6 | 22.8 |
Feb | 6.6 | 24.9 | 32.4 | 57.2 | 91.6 | 4.0 | 23.1 |
Mar | 9.3 | 23.9 | 31 | 59.8 | 91.5 | 4.3 | 20.3 |
Apr | 1.6 | 21.6 | 30.2 | 52.6 | 90.1 | 4.0 | 19.7 |
May | 1.1 | 17.7 | 27.9 | 46.9 | 90.7 | 3.8 | 17.0 |
source: Australian Government Bureau of Meteorology
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