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 › Billing St
$1,040,000
Last sold
30 Sept 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
822 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
$1,040,000
30 Sept 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
-23.0%
Median sale
Suburb $1,350,000
+0.85 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 Watt RealtySet on a spacious 822sqm block in the sought-after Chermside West area, this solid brick home offers endless opportunities for savvy buyers. Whether you're looking for a starter home, a renovator, a knock-down and rebuild or potential sub-division (STCA), the potential here is immense!
Step inside to the central living area, perfect for gatherings, as it flows effortlessly into the dining and kitchen zones. The original kitchen adds a nostalgic touch with loads of storage and countertop space for all your culinary creations.
The three-bedroom layout ensures there's room for everyone, with each bedroom featuring built-in robes and plenty of natural light. The master bedroom includes air conditioning and a ceiling fan for added comfort. A central bathroom with a separate toilet ensures convenience for the whole family.
Out front, the cozy veranda is the ideal spot for your morning coffee, while the huge backyard provides ample space for an extension, a pool, or even caravan and boat storage. Plus, with a secure garage, carport, and garden shed, all your practical needs are covered.
Whether you choose to move in, renovate, or start fresh, this home is bursting with potential in a fantastic location. Just 5 minutes to the Prince Charles Hospital, less than 2km to Westfield Chermside, multiple surrounding parks, and located in the Craigslea State School catchment, everything is within reach.
Watt Faves:
* Prime location
* Generous 822sqm block
* Potential to renovate, rebuild or sub-division (STCA)
* Neatly maintained original condition
* Three bedrooms with built-ins, master with aircon and ceiling fan
* Spacious living and dining areas
* Large backyard with room for extension
* Secure garage and carport
* Garden shed
* Close to parks, schools, and Westfield Chermside
Listing description written by Justin Watt, Watt Realty — 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.