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 › Lawrence Rd
$1,550,000
Last sold
7 Feb 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
1,052 m²
Land
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
$1,550,000
7 Feb 2024 · 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
+14.8%
Median sale
Suburb $1,350,000
-0.36 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
UnknownArea
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 LJ Hooker Aspley / ChermsidePerfectly positioned with a north/south aspect, in arguably the best street in Chermside West, this massive 1,052sqm block (approx. 25m frontage) has future development upside (STCA), but also offers a beautifully refurbished highset brick home with oversized proportions.
The home occupies an elevated position in a quiet and very leafy cul de sac, and is surrounded by quality homes. It is within a convenient distance of some excellent local schools (Aspley State School and Craigslea State High School), public transport and the retail heart of Aspley (Aspley Hypermarket). The family friendly location is superb and within easy reach of the Brisbane CBD (11km), Gateway Motorway and Brisbane Airport. Queensland's largest Shopping Centre, “Westfield Chermside”, is just a short 10-minute drive from the property, and provides the ultimate retail, restaurant and cinema experience.
The home provides a spacious highset floorplan that would suit buyers seeking 4 bedrooms all on one level and a large self-contained studio downstairs that's ready for dual living. It includes a large living/dining area that extends out to a sizeable, covered deck which overlooks the family friendly backyard and inground swimming pool. There is a well-appointed kitchen with Island bench and a neat and tidy bathroom on each level. Buyers seeking car accommodation will appreciate the lock-up garage that can accommodate up to 4 vehicles and there is abundance of open space onsite for a boat or caravan.
This is a solid home with larger than normal proportions that will tick the boxes for most occupiers or investors. Having just undergone a significant refurbishment, the home offers a fresh white paint palette throughout, rich polished hardwood floors upstairs, new flooring downstairs, new air-conditioning, new fans, new power points/switches, new LED downlighting, new tapware and fittings and an acute attention to detail throughout.
The property is vacant and ready to move into or rent out immediately.
The property will appeal to developers searching for a rare splitter block, families seeking the dream home on a huge block, buyers wanting dual living and savvy investors seeking a solid rental return (approx. $1,000+ per week) with development upside.
Special features of this property include:
• An elevated 1,052sqm north/south facing block with an approximate 25 metre frontage
• The land has a gentle slope towards to the street, with key services (water and sewerage) available in front
• A refurbished rendered brick home with a sizeable floorplan that can accommodate dual living
• The home has been extensively refurbished and offers a fresh white paint palette throughout, rich polished hardwood floors upstairs. new flooring downstairs, new air-conditioning, new fans, new power points/switches, new LED downlighting and an acute attention to detail throughout.
• A wide central entrance provides a great 1st impression
• The spacious living/dining area adjoins the kitchen and opens out to a wide front verandah and huge rear deck. Brand new stairs provide access to the massive backyard and pool area.
• A well-appointed kitchen with an Island bench, an abundance of bench space and storage and quality appliances including an electric cook top, oven and dishwasher
• 4 sizeable bedrooms upstairs
• The oversized rear deck acts as another living area, overlooks the backyard and pool and can accommodate a large table and outdoor lounge. Brand new external stairs provide access to the backyard.
• A neat and tidy family bathroom upstairs with shower over bath and separate toilet
• The wide internal staircase provides access to the lower level
• A huge studio downstairs provides space and separation in a busy family home. There is a kitchenette and bathroom adjoining this area, making it ideal for dual living.
• A double lock-up garage can accommodate up to 4 vehicles in tandem, plus a workshop space. There is plenty of space onsite to store a large boat or caravan if desired.
• A fully fenced backyard
• Families will love the sparkling inground pool and huge backyard
• Positioned in an elevated pocket of Chermside West within walking distance of excellent local schools and express buses to the City (express bus stop (345) at end of street).
An inspection of this fabulous property will not fail to impress. A unique offering, this property offers a fantastic parcel of prime real estate which may suit developers, investors or families looking for a sizeable home on a big big big block. Contact Amanda Waters or Joshua Waters now to arrange your viewing.
Gross Quarterly Rates: $831.40
Currently Vacant: Yes
Market Rent Assessment: $1,000+ per week
Land Size: 1,052m2
Block Frontage: 25 metres
Year Built: Circa 1970's
School Catchments: Aspley State School, Craigslea State High School
Listing description written by Amanda Waters, LJ Hooker Aspley / Chermside — reproduced as published, not verified by Districts.
Nearby 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.