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
$640,000
For sale
Asking
2
Bedrooms
2
Bathrooms
0
Car spaces
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
$640,000
Asking
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
-50.0%
Median sale
Suburb $1,280,000
+2.61 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.
$27,915 on top of the price (4.4% 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 5.2%. 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 Ray White NundahPositioned in the heart of Chermside, this rare dual-key residence at 9/12-20 Ballantine Street presents an outstanding investment or lifestyle opportunity on a single title. Offering two fully self-contained one-bedroom/studio apartments across two levels (Unit 9 and Unit 31), this versatile property delivers flexibility, strong rental appeal, and the potential for dual income.
Unit 31, the upper-level apartment, is easily accessible via elevator, providing convenience and broad tenant appeal. It features a light-filled open-plan layout with a well-appointed kitchenette, private bathroom, and comfortable living/sleeping zone. Complete with ceiling fans and a split system air-conditioning unit, it ensures year-round comfort with low-maintenance ease.
Downstairs in unit 9, the studio offers its own private entrance along with a valuable outdoor patio-perfect for relaxing or entertaining. Also equipped with ceiling fans and split system air-conditioning, this residence mirrors the functionality of the upper level while adding the bonus of private outdoor space and enhanced privacy.
Whether you're an investor looking to maximise returns or an owner-occupier wanting to live in one and rent out the other, this property ticks all the boxes. The dual-key configuration allows for independent leasing, increasing yield potential while maintaining flexibility.
Adding even further appeal, there is exciting scope to renovate and enhance both residences to maximise rental returns or future capital value. There is also be potential (subject to council and body corporate approval) to explore separating the two apartments onto individual titles-unlocking additional value and resale flexibility.
Situated in a highly sought-after location, you'll enjoy close proximity to Westfield Chermside, public transport, parks, schools, and major arterial roads, ensuring strong tenant demand and long-term growth.
Key Features:
• Dual-key property on one title
• Two self-contained studio/1-bedroom apartments
• Elevator access to upper-level residence
• Private patio for the downstairs apartment
• Ceiling fans and split system air-conditioning in both units
• Separate entrances for each residence
• Value-add potential via renovation or reconfiguration (STCA)
• Possible future individual titling opportunity (STCA)
• Ideal for dual income or multi-generational living
• Low-maintenance investment opportunity
• Prime Chermside location close to amenities
Currently tenanted for $560pw
Council Rates: $585.49 per QTR approx
Body Corporate Fees: 1,980.3 per QTR
Please note, the scheme has accreditation with the Department of Housing as accommodation for "independent living for ages 55 and over" and only permits single occupancy based on the NCC.
Listing description written by Connor Lennon, Ray White Nundah — reproduced as published, not verified by Districts.