4 Fraire St, Hermit Park is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 809m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
This is an 809 sqm block in the heart of Hermit Park only 180 metres from public transport pickup and drop off and walking distance to a multitude of shopping outlets of a wide variety. Doctors and dental surgeries are just some of many. Schools and daycare and a major hospital are only a short drive. Site is zoned residential neighborhood and perfectly located to accommodate a set of units. Currently leased at $265 per week and on a periodic lease. Price below market valuation to accommodate a sale prior to the new financial year. Owners are committed elsewhere. For the investor this tenant has been here for a long term and a reliable paying tenant meeting her rent requirements on time.
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 2016 was 3414 people. By 2021 the population was 3512 showing a population growth of 2.9% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation.In 2021, 49.20% of the homes in Hermit Park were owner-occupied compared with 47.00% in 2016.
Hermit Park has 2,082 properties. Over the last 5 years, Houses in Hermit Park have seen a 100.91% increase in median value, while Units have seen a 145.59% increase. As at 31 December 2025:
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