Suburb Profile Report for Chermside QLD (4032)

Chermside House: Median price $651,000, Annual capital growth 3.79%, Number of sales 42, Weekly median advertised rent $400

Chermside Unit: Median price $365,000, Annual capital growth -1.47%, Number of sales 141, Weekly median advertised rent $390

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

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 571th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside, 4032 is in the top 20% with a property value increase of 14.21% recorded in median house prices.

A 22.48% growth in median value for property investors in Chermside,4032 puts this suburb at number 109th in terms of best performing suburbs in QLD

Chermside4032 is located in QLD which offers an average discount of -5.18% to property investors. Chermside itself is showing figures that indicate -5.73% is the average achievable by property buyers investing in the suburb.

Chermside is 698th on a list of best yielding suburbs for rents in QLD with a 3.20% return

At number 1172th in the list of Australian suburbs ordered by increase in median house value over the last year, Chermside, 4032 is in the BOTTOM 30% with a property value increase of -3.95% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chermside has fallen somewhat when compared to the 5 year average annual rate.

Property buyers and investors in Chermside 4032 should be seeing an average reduction in asking price of around -5.29% . This means that Chermside is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Chermside, 4032 is in the Brisbane (C) local government area.

Metrics i HOUSE UNIT
$651,000 $365,000
6.59% 1.39%
14.21% -3.95%
3.79% -1.47%
$400 $390
42 141
3.20% 5.56%
65.1764705882353 94.1702127659575

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (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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