This property is Off Market
With an average age of 28, households expect an average monthly mortgage payment of $1,600 or a weekly rent payment of $400. The average family earns a weekly income of $1,875 with a typical household size of 2.1 and a 92.67% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Chermside is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Chermside provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Chermside necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 7%)
Chermside a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
22 / 100
32 / 100
Industry
42 / 100
32 / 100
Population
28 / 100
40 / 100
House Prices
60 / 100
63 / 100
Jobs
37 / 100
31 / 100
Incidents Trend State Average
Mount Alvernia College
Kedron, QLD, 4031 Independent 7-12
Our Lady of the Angels' School
Wavell Heights, QLD, 4012 Independent Prep-6
Craigslea State School
Chermside West, QLD, 4032 State Prep-6
Craigslea State High School
Chermside West, QLD, 4032 State 7-12
St Anthony's School
Kedron, QLD, 4031 Independent Prep-6
Somerset Hills State School
Stafford Heights, QLD, 4053 State Prep-6
Kedron State School
Kedron, QLD, 4031 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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