Hermit Park Suburb Profile
Queensland 4812

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Hermit Park has 2,057 properties. Over the last 5 years, Houses in Hermit Park have seen a 69.30% increase in median value, while Units have seen a 54.98% increase. As at 30 June 2024:

  • The median value for Houses in Hermit Park is $508,770 while the median value for Units is $269,224.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and 10 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Hermit park.

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.

Suburb Insights for HERMIT PARK 4812

Market Insights
Hermit Park Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Hermit Park Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 3,423

0-9

 

13%

10-19

 

11%

20-29

 

16%

30-39

 

14%

40-49

 

15%

50-59

 

13%

60-69

 

10%

70-79

 

6%

80-89

 

3%

Household Structure
Occupancy

Last Updated: 11/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.