Chermside at a glance
13,429
People
$1,280,000
Median sale
$642/wk
Median rent
2.61%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Chermside › Ballantine St
$499,000
For sale
Asking
2
Bedrooms
2
Bathrooms
0
Car spaces
83 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
Asking
$499,000
Asking · $6,012/m² of land
No recorded sale for this property.
Chermside at a glance
13,429
People
$1,280,000
Median sale
$642/wk
Median rent
2.61%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Chermside
-61.0%
Median sale
Suburb $1,280,000
+4.08 pp
Gross yield
Suburb 2.61%
Suburb median $1,280,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,328 on top of the price (4.3% extra)
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.
Pre-filled with Chermside's advertised median rent — not a rent for this listing.
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.
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 $642/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 6.7%. 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
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 at a glance
13,429
People
$1,280,000
Median sale
$642/wk
Median rent
2.61%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts NundahAn exceptional opportunity for investors seeking strong rental income and the potential for future flexibility, this unique offering comprises two separate one-bedroom units being sold together on one title, positioned in a convenient Chermside location.
Currently generating approximately $34,840 in combined annual rental income, this unique two-unit investment offers an attractive income stream and strong rental returns, making it a compelling addition to any investment portfolio.
Investment Snapshot:
• Two separate one-bedroom units sold together as one lot
• Combined rental income of approximately $34,840 p.a.
• Gross rental yield of approximately 6.3-7%, depending on the final purchase price
• Approx. rates: $2,344 p.a.
• Approx. water: $2,176 p.a.
• Approx. body corporate: $8,000 p.a.
• Potential opportunity to separate the units onto individual titles, subject to the necessary council and body corporate approvals
One unit is positioned on the ground floor, while the second is located on the upper level.
Both provide low-maintenance accommodation within a secure and well-maintained complex.
Each Unit Features:
• One bedroom with built-in wardrobe and ceiling fan
• Open-plan living and kitchenette
• Accessible bathroom
• Security screens
• Excellent natural light
• Peaceful garden outlook
Residents also have access to a communal lounge, visitor parking and nearby on-street parking.
Convenient Chermside Location. Positioned within easy reach of an extensive range of amenities, the property is conveniently located close to Westfield Chermside, Chermside Library, Kedron Wavell Services Club, medical facilities, public transport and local shops and services.
Please note: The complex has been specifically designed for residents aged 55 years and over, with the unit's construction intended for single-person occupancy.
For further information or to arrange an inspection, contact Luke Harding on 0451 118 281.
**Disclaimer** Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Luke Harding, Harcourts Nundah — reproduced as published, not verified by Districts.