Chermside West at a glance
7,405
People
$1,350,000
Median sale
$733/wk
Median rent
2.82%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
QLD › Chermside West › Basnett St
$975,000
Last sold
29 July 2025
3
Bedrooms
1
Bathrooms
5
Car spaces
673 m²
Land
358 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$975,000
29 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Chermside West (last 5 years) with land size have a median of $1,787/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Chermside West at a glance
7,405
People
$1,350,000
Median sale
$733/wk
Median rent
2.82%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Chermside West
-27.8%
Median sale
Suburb $1,350,000
+1.09 pp
Gross yield
Suburb 2.82%
Suburb median $1,350,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $733/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Chermside West at a glance
7,405
People
$1,350,000
Median sale
$733/wk
Median rent
2.82%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Percent PropertyWelcome to 104 Basnett Street in Chermside West! This perfectly positioned property - within walking distance to schools, bus stops and restaurants - is almost legal height downstairs (2.3m) and is an ideal opportunity for someone looking to renovate and create a stunning family home!
Upstairs are three well-appointed bedrooms, two of which overlook the large front deck, and one overlooking the rear lawn. The adjacent family bathroom features a cubicle shower.
Adjoining the beds and bath are three well sized spaces - a dining room, living room and sunroom - a functional and light-filled layout ready for your personal touches. Your kitchen is well-sized, with an electric cooktop and plenty of storage options.
Downstairs you'll find a massive storage area (2.3m ceilings) with built-in bar - perfect for transforming into an entertaining space with the adjoining patio. You also have a large laundry room and entry foyer. Completing the downstairs is room for three cars (with additional carport parking for two cars out the front). With two spacious sheds, you'll have tonnes of room for all those half finished projects!
With so much potential in a property, 104 Basnett Street in Chermside West will not be on the market for long so ensure that the open home is on your open home schedule for this weekend!
Property Features:
- Three well-appointed bedrooms.
- One family bathroom with cubicle shower.
- Living and dining space.
- Sunroom.
- Kitchen with electric cooktop.
- Space for 5 cars on the property (both garage and carport).
- Front Deck.
- Patio space.
- Two sheds.
- Massive downstairs storage room with built-in bar.
- Laundry room.
- Entry foyer.
- Established lawn.
Location Features:
- 12.6km to Brisbane CBD.
- 2.3km to Westfield Chermside.
- 2.5km to Prince Charles Hospital.
- 750m to Craigslea State School.
- 200m to Restaurants.
- 1.3km to Downfall Creek/Huxtable Park walking tracks.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Daniel Hooper, One Percent Property — reproduced as published, not verified by Districts.