Chermside West is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4032). With a population of 6,965, the suburb has an established demographic with a median age of 39. Households earn a median income of $110K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Chermside West is $970,000, having surged 14.1% over the past year. Units have a median price of $705,000 (+13.2% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,058.
Chermside West is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1070, which is above the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chermside West offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($970K/$1.1M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +14.1% year-on-year.
Chermside West is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4032). With a population of 6,965, the suburb has an established demographic with a median age of 39. Households earn a median income of $110K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Chermside West is $970,000, having surged 14.1% over the past year. Units have a median price of $705,000 (+13.2% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $2,058.
Chermside West is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1070, which is above the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Chermside West offers a gross rental yield of 4.0%, rated as moderate yield. Property prices are near the state median ($970K/$1.1M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +14.1% year-on-year.