Chermside West QLD 4032

Here you can find what you need to know about Chermside West, 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

$591k Median Sale Price (National Average $485k) 428th In QLD
3.94% Median Price Change (1 yr) (National Average 4.30%) 753rd In QLD
$450pw Median Rent (National Average $395) 485th In QLD
4.0% Median Gross Yield (National Average 4.24%) 1113th In QLD
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Properties sold 104
Average discounting -6.78%
Average Days on Market 43
Stock on Market 22 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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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.

Chermside West, 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.

Chermside West, 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.

Chermside West, 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 Chermside West


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State Auction Clearance Rates - February 2019

Auctions Clearance rate
QLD 83 31%
ACT 50 42%
NSW 514 63%
NT 14 44%
SA 80 65%
TAS 4 0%
VIC 640 55%
WA 41 31%

Local Schools


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Suburb Information

Chermside West, QLD 4032

Part of: Brisbane - Kedron Council No data available

The size of Chermside West is approximately 3.6 square kilometres. It has 10 parks covering nearly 23% of total area. The population of Chermside West in 2011 was 6,120 people. By 2016 the population was 6,456 showing a population growth of 5.5% in the area during that time. The predominant age group in Chermside West is 40-49 years. Households in Chermside West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside West work in a professional occupation. In 2011, 78.5% of the homes in Chermside West were owner-occupied compared with 73.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Chermside West

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Chermside West   for Houses in last 12 months


There have been 105 Houses sold in Chermside West in the past 12 months with a median sale price of $595K, up 5.2% annually. It takes on average 43 days to sell with vendor discounting of -7.39%.

Streets in Chermside West


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Chermside QLD, 4032 4.51% $608,750 $400pw 3.4% View Suburb Profile
Bald Hills QLD, 4036 3.45% $450,000 $420pw 4.8% View Suburb Profile
Niagara Park NSW, 2250 -1.18% $606,750 $450pw 3.9% View Suburb Profile
Karalee QLD, 4306 2.63% $585,000 $420pw 3.8% View Suburb Profile
Coolbellup WA, 6163 -2.27% $430,000 $320pw 3.9% View Suburb Profile
Wavell Heights QLD, 4012 6.72% $715,000 $475pw 3.5% View Suburb Profile