Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Chermside West › Kurago St

38 Kurago St, Chermside West QLD 4032

For saleHouse for Sale

$1,299,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

696 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,299,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,299,000(Listing record · 18 Aug 2026)
  • CalculationLand 696 m² against a 154 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 4% below the Chermside West median recorded sale ($1,350,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Chermside West's advertised median rent ($733/wk), implied gross yield would be 2.93% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,299,000

Asking · $1,866/m² of land

No recorded sale for this property.

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.

See the full Chermside West report →

Vs Chermside West

-3.8%

Median sale

Suburb $1,350,000

+0.11 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.

Total cost to purchase

Purchase Price
$1,299,000
Stamp Duty (Queensland)
$55,218
Transfer/Registration Fee
$5,463
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,363,381

$64,381 on top of the price (5.0% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Chermside West's advertised median rent — not a rent for this listing.

Net yield
1.43%
Annual cashflow (pre-tax)
$-48,917
Interest cover (DSCR)
0.28
Annual rent
$38,116
Operating expenses
$19,485
Loan amount
$1,039,200
Annual interest
$67,548
Gross yield
2.93%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,299,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Chermside West in one glance

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.

See the full Chermside West report →

Keep researching

  • Why Chermside West? Read the area thesis →
  • What else is on the market in Chermside West →
  • Other records on Kurago St →

Listing material

Listed by Harcourts Pinnacle - Aspley

Unbeatable Convenience with Elevated Easterly Aspect

This elevated 696m² allotment boasts a wide 21-metre frontage and a highly desirable combination of space, aspect and position. Comfortable and immaculately maintained, this well-designed home offers four bedrooms, multiple living areas, a practical retro-style bathrooms. Downstairs, a spacious multipurpose room provides versatile additional living space, while the huge three-car lock-up garage and extensive storage deliver exceptional functionality for growing families.

Positioned in a highly sought-after pocket of Chermside West, within the Craigslea primary and secondary school catchment area, this generously proportioned four-bedroom solid brick and tile home combines abundant space, residents in this pocket enjoy having easy access to Westfield Chermside, along with medical, retail, dining and transport infrastructure around Chermside. This gives Chermside West an interesting combination of quiet established residential streets that are close to major employment, shopping and services within easy access to Brisbane's northern suburbs. That's a particularly attractive formula for families who want a traditional house and yard without moving too far away from major amenities.

From the moment you step inside, the home's generous proportions and timber floorboards create a warm and inviting atmosphere. The spacious layout provides excellent separation between living and accommodation areas, while the elevated position captures lovely natural light and provides a wonderful sense of openness.

Read the full description

At the heart of the home is the generously sized east-facing kitchen with sprawling views. The home is designed for relaxed everyday living and entertaining, with multiple spaces providing flexibility for the whole family.

The main bedroom is a standout, featuring a private door opening directly onto the north-east-facing balcony. This creates a lovely private retreat where you can enjoy the morning light and fresh air.

Downstairs, the home truly comes into its own, offering an enormous four-car lock-up garage, providing exceptional secure parking and storage. There is also a downstairs shower and toilet, along with a huge rumpus room complete with a bar area and water tap, an ideal space for entertaining, a teenagers' retreat, games room or additional living zone.

The location is equally impressive. Just a 350m walk to Woolworths Chermside, you'll have everyday shopping right at your fingertips, while Westfield Chermside and Chermside Marketplace are only moments away, offering an extensive choice of retail, dining, entertainment and services.

Families will appreciate being within the Craigslea State School catchment for both primary and secondary education, while The Prince Charles Hospital is approximately 2.5km away. Excellent transport options and easy access to major roads further enhance the property's appeal.

Property Highlights:

- Elevated, flat 21m x 31m block

- Spacious four-bedroom family home

- Beautiful timber floorboards

- Generous east-facing kitchen

- Main bedroom with private access to north-east-facing balcony

- Multiple living areas throughout

- Huge downstairs rumpus room

- Bar area with dedicated water tap

- Four-car lock-up garage

- Downstairs shower and toilet

- Excellent storage and flexibility

- 350m walk to Woolworths Chermside

- Moments to Westfield Chermside and Chermside Marketplace

- Within the Craigslea State School catchment for primary and secondary

- Approximately 2.5km to The Prince Charles Hospital

- Elevated position with excellent potential

Offering an impressive combination of space, versatility, secure parking and an unbeatable location, this is a home that provides far more than meets the eye. Whether you're looking for a substantial family residence, a home with exceptional entertaining options or a property with future potential, this is an opportunity not to be missed.

"These image have been virtually staged and is for illustrative purposes only. Furniture, decor and styling shown are not present in the property."

Listing description written by Scott Bertie Team, Harcourts Pinnacle - Aspley — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.