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Investment Property Chermside, QLD, 4032

Suburb Snapshot

Chermside is a suburb in the Brisbane Region of Queensland. Chermside has a population of 9,320 people and 54.76% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 45.54% over the past year and changed 60.00% over 2 years.

The median rent in Chermside for houses is $600 per week and the median rental yield is 2.60%. Stock on the market for houses/townhouses has changed 92.86% compared to last year and the average time to sell a house/townhouse is 116 days.The median listing price for units is $617,500 and this has changed 23.74% over the past year. The average unit takes 137 days to sell and the median rent for a unit in Chermside is $550 per week, producing a rental yield of 4.63%.

Supply & Demand in Chermside, Brisbane

1.53%

Current vacancy rate


102

Rental stock available


9,320

Population


54.76%

Rental population


1.15%

Current vacancy rate


6,310

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Chermside, Brisbane

  House Townhouses Units
Median listing price $1,200,000 $699,000 $617,500
Median price change - last quarter 6.81% 6.00% 1.66%
Median price change - 1 year 45.54% 16.50% 23.74%
Median price change - 2 years 60.00% 44.12% 39.23%
  House Townhouses Units
Median weekly rent $600 $620 $550
Median yield % 2.60% 4.61% 4.63%
Median rent change - 1 year 9.09% 12.72% 7.84%
  House Units
Previous month sales 4 21
Stock on market previous month 27 79
Stock variance vs. last year 92.86% -19.39%
Average days on market 116 137

Chermside investment property listings

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