Chelmer is a smaller suburb in Queensland within the Brisbane local government area (postcode 4068). With a population of 3,325, the suburb has an established demographic with a median age of 41. Households earn a median income of $177K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chelmer is $1.4 million, having increased 3.7% over the past year. Units have a median price of $630,000 (+20.6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $3,000.
Chelmer is served by 1 school, including 1 secondary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 3 rail stations, 2 ferry wharfves, 2 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chelmer offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +3.7% year-on-year.
Chelmer is a smaller suburb in Queensland within the Brisbane local government area (postcode 4068). With a population of 3,325, the suburb has an established demographic with a median age of 41. Households earn a median income of $177K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chelmer is $1.4 million, having increased 3.7% over the past year. Units have a median price of $630,000 (+20.6% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $3,000.
Chelmer is served by 1 school, including 1 secondary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 3 rail stations, 2 ferry wharfves, 2 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chelmer offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved +3.7% year-on-year.