Chermside is a well-established suburb in Queensland within the Brisbane local government area (postcode 4032). With a population of 11,426, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $74K per year, with an average household size of 1.9 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chermside is $975,000, having surged 16.3% over the past year. Units have a median price of $539,000 (+14.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,690.
Public transport access includes 66 bus stops. Healthcare facilities include 3 public and 5 private hospitals. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chermside offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($975K/$1.1M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +16.3% year-on-year.
Chermside is a well-established suburb in Queensland within the Brisbane local government area (postcode 4032). With a population of 11,426, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $74K per year, with an average household size of 1.9 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chermside is $975,000, having surged 16.3% over the past year. Units have a median price of $539,000 (+14.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,690.
Public transport access includes 66 bus stops. Healthcare facilities include 3 public and 5 private hospitals. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chermside offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($975K/$1.1M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +16.3% year-on-year.