Suburb Profile Report for Chermside QLD (4032)

Chermside House: Median price $585,000, Annual capital growth 2.98%, Number of sales 63, Weekly median advertised rent $400

Chermside Unit: Median price $390,000, Annual capital growth -0.21%, Number of sales 107, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Chermside is in the bottom 40% in QLD when comparing median price capital growth over the last year. Chermside gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.93%.

If we look at median property appreciation over just the last three months, Chermside has given property investors a paper return of 0.86%. This puts Suburb as 280 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Chermside is $585000, with sellers offering an average of -6.50% off the asking price.

Often selling an investment property can take time, and in Chermside the average time real estate has been on the market is 79.2391 days.

Chermside is 685th on a list of best yielding suburbs for rents in QLD with a 3.56% return

QLD has seen average median house prices change by -0.03% which means that Chermside, 4032 has not done well for property investors by showing a capital gain of 0.13% over the last year

Taking the average capital gain, or increase in median house value, Chermside,4032 has racked up an average of 0.13% over the period. This ranks it number 1293th in the whole country for real estate investors looking at median house price increases.

Chermside4032 is located in QLD which offers an average discount of -6.37% to property investors. Chermside itself is showing figures that indicate -5.88% is the average achievable by property buyers investing in the suburb.

In the last year 107 properties changed hands in Chermside, which puts it as the 49th most active market in QLD when comparing the number of sales per suburb.

Situated 9.08km from the CBD, Chermside is one of Brisbane (C) localities in the postcode 4032.

Metrics i HOUSE UNIT
$585,000 $390,000
0.86% 0.47%
-1.93% 0.13%
2.98% -0.21%
$400 $380
63 107
3.56% 5.07%
79.2391304347826 72.9638554216868

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 8170
Median household income ($/weekly) 1065
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    20-24 years 886 10.8
    25-34 years 1734 21.2
    35-44 years 1077 13.2
    45-54 years 801 9.8
    55-64 years 628 7.7
    Others 3043 37.3
    Age Group
    Census Count Percent(%)
    Not Married 3446 54.9
    Registered Married 2026 32.3
    Defacto Relationship 802 12.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4861 67.1
    Indonesia 324 4.5
    Papua New Guinea 314 4.3
    United Kingdom 256 3.5
    Other 594 8.2
    Others 895 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 146 2.1
    Christianity 4639 67.2
    Hinduism 180 2.6
    Islam 206 3.0
    No Religion 1608 23.3
    Others 121 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 312 9.5
    $400-$599 357 10.9
    $600-$799 323 9.8
    $800-$999 316 9.6
    $1,500-$1,999 399 12.1
    Others 1583 48.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2627 41.8
    Not in the labour force 2170 34.6
    Employed, worked part-time 984 15.7
    Unemployed, looking for work 284 4.5
    Employed, away from work 214 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 962 25.2
    Technicians & trades workers 461 12.1
    Community & personal service workers 419 11.0
    Clerical & administrative workers 604 15.8
    Labourers 384 10.0
    Others 995 26.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 337 24.8
    Secondary 252 18.5
    Technical or Further Educational Institution 202 14.9
    University or other Tertiary Institutions 397 29.2
    Other type of educational institution 94 6.9
    Others 78 5.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3155 42.6
    Flat, unit or apartment 2516 34.0
    Semi-detached, row or terrace house, townhouse 1723 23.3
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2106 60.7
    Fully owned 653 18.8
    Being purchased 618 17.8
    Other tenure type 95 2.7
    Tenure Type
Census 2011, ABS
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