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 › Mermaid St
$775,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
Car spaces
101 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
$775,000
Asking · $7,673/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
-39.5%
Median sale
Suburb $1,280,000
+1.70 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.
$34,642 on top of the price (4.5% 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.
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 4.3%. 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 LJ Hooker Aspley / ChermsidePositioned within a beautifully presented boutique complex completed in 2024, this stylish upper-level apartment delivers the perfect combination of contemporary design, generous proportions and an outstanding lifestyle in one of Chermside's most convenient locations. Boasting a desirable south-east aspect, the home enjoys refreshing breezes, city glimpses and an elevated suburban outlook, while placing you less than 9km from the Brisbane CBD and only minutes from Westfield Chermside, Prince Charles and St Vincent's Hospitals, express bus transport, the Airport and Clem 7 Tunnel.
Designed with effortless everyday living in mind, the apartment welcomes you with a wide entrance hall before opening to a spacious light-filled living and dining area. At its heart is a beautifully appointed kitchen featuring stone benchtops, quality cabinetry, an undermount sink, gas cooktop, oven, dishwasher and ample space for a double-door fridge—perfectly combining style with functionality.
The true centrepiece of the home is the spectacular oversized balcony, seamlessly connected to both the kitchen and living area. Large enough to accommodate both an outdoor dining setting and a lounge suite, it creates an exceptional extension of the living space and the perfect setting for entertaining family and friends or simply relaxing while taking in the elevated outlook.
Both bedrooms are impressively proportioned and feature charming Juliet balconies, while the spacious main bedroom is complemented by a stylish ensuite. A second bathroom services the remainder of the apartment, with quality finishes continuing throughout.
Additional features include air conditioning, elegant sheer curtains, modern downlighting, neutral colour palettes, quality flooring, secure basement parking for one vehicle and the convenience of ample on-street parking for visitors. Lovingly owner occupied and impeccably maintained since new, this is a home that presents in near-new condition and offers an exceptional opportunity to secure premium apartment living in one of Brisbane's most sought-after inner northern suburbs.
Things Buyers Will Love
• Boutique apartment complex completed in 2024
• Elevated upper-level position with a desirable south-east aspect
• City glimpses and a leafy suburban outlook
• Exceptionally convenient Chermside location less than 9km from the CBD
• Just minutes to Westfield Chermside, Prince Charles Hospital, St Vincent's Private Hospital, Brisbane Airport and the Clem 7 Tunnel
• Easy walking distance to express city bus services
• Spacious, light-filled open plan living and dining area
• Contemporary kitchen with stone benchtops, gas cooking, quality appliances and excellent storage
• Incredible oversized entertaining balcony with room for both an outdoor dining setting and lounge
• Two generous bedrooms, each with its own Juliet balcony
• Spacious main bedroom complete with a stylish ensuite
• Two beautifully appointed modern bathrooms
• Wide entrance hall creating an impressive sense of space on arrival
• Air conditioning, quality sheer curtains, modern downlighting and premium flooring throughout
• Secure basement car accommodation plus plentiful on-street visitor parking
• Owner occupied and impeccably maintained since new
• Presents in near-new condition with nothing to do but move in and enjoy
• An exceptional opportunity for owner-occupiers and investors seeking quality, lifestyle and convenience in one of Brisbane's most desirable inner-north locations
Combining boutique living, contemporary style and exceptional convenience, this is an opportunity to secure an apartment that truly stands out from the crowd. Contact Daniel Waters for further information.
Key Details:
Year Built: Circa 2024 (presents like new)
Occupancy Status: Owner occupied since new
Aspect: South/East
Unit in Complex: 18
Market Rent Assessment: $700 - $750 per week
DISCLAIMER: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Daniel Waters, LJ Hooker Aspley / Chermside — reproduced as published, not verified by Districts.