4/42 Philp Street

Hermit Park QLD 4812

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.

Hermit Park has 2,061 properties. Over the last 5 years, Houses in Hermit Park have seen a 86.12% increase in median value, while Units have seen a 62.03% increase. As at 30 September 2024:

• The median value for Houses in Hermit Park is $539,760 while the median value for Units is $303,725.
• Houses have a median rent of $420 while Units have a median rent of $350.