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
$970,000
Last sold
29 Jan 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
612 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
$970,000
29 Jan 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
-28.1%
Median sale
Suburb $1,350,000
+1.11 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.
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 Sparrow Real EstatePERFECT FIRST HOME ON 612 SQM WITH PLENTY OF SCOPE TO ADD VALUE
Situated in a peaceful, leafy pocket of Chermside West and within minutes to parkland, public transport, schools and shopping facilities, this well-presented high set home offers buyers the opportunity to move straight in and enjoy or add your own touches by renovating or re-building.
Currently vacant and nestled on a north facing 612sqm allotment, the home features an expansive, elevated and fully covered front deck, stunning timber floors, freshly painted neutral tones throughout, lovely natural light filled interiors and spacious bedrooms. The potential to raise and build-in underneath provides an opportunity to add further value.
The home is positioned just a short 5-minute drive to Westfield Chermside and is close to The Prince Charles, Holy Spirit and NorthWest Private Hospitals and local schools. Major arterial routes to the city, the coast, and the airport are just minutes away. Situated 11 kilometres from the CBD buses will have you in the heart of town within 30 minutes.
Outstanding Features:
Estimated Rental Return - $620 - $650 per week
Council Rates - Approximately $469 per quarter
Water Rates - Approximately $315 - $350 per quarter
Generous 612sqm allotment
Entertainers dream with expansive front covered deck
Elevated to capture cooling breezes and provide privacy
Quiet street with great neighbours and lush, leafy views
Highset home with potential to raise or build-in underneath
Nice big windows allowing plenty of natural light
Stunning timber floors throughout
Freshly painted walls and ceilings in soft, neutral tones
L-shaped living / dining area with stained timber stacker doors provides great connection and flow to spacious front deck
Good size kitchen with breakfast bar, electric appliances and ample storage
3 bedrooms all with built-in wardrobes
Tidy bathroom with shower, bath, modern vanity and separate toilet
Spacious fenced front and rear yard
Front and rear stairs
Laundry and plenty of storage and workroom under the home
Parking for 5 vehicles including side access for a boat, caravan, trailer etc
NBN ready
Electric hot water system
Location:
Westfield Chermside - 1.7 kilometres
Holy Spirit Hospital - 1.1 kilometres
Prince Charles Hospital - 1.1 kilometres
Huxtable Park - 300 metres
Prep to Year 6 - Craigslea State School - 850 metres
Year 7 to Year 12 - Craigslea State High School - 850 metres
Bright beginnings Child Education Centre - 1.1 kilometres
Listing description written by Matthew Griffin, Sparrow Real Estate — 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.