Thinking about buying in Chermside? Now could not be a better time, with 11031 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $665,000 with prices in this suburb ranging from $109,000 to $5,649,000. Chermside is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $371.71 |
Median Monthly Mortgage | $1750.42 |
Median Persons Per Bedroom | 0.87 |
Average Household Size | 2.26 |
Average Age | 35.68 |
Average Income | $888.65 |
Average Cars Per Dwelling | 1.32 |
Average Properties Within 50M | 135 |
1 Bed  $502,000 |
2 Bed  $571,000 |
3 Bed  $951,000 |
4 Bed  $1,233,000 |
5 Bed  $1,564,000 |
6 Bed+$1,222,000 |
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.
Wavell Heights State School
Our Lady of the Angels' School
Geebung State School
Somerset Hills State School
Wavell State High School
Craigslea State School
Geebung Special School
St Kevin's School
Craigslea State High School
Aspley State School
(While the above schools are located with the suburb of Chermside there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.4 | 21.7 | 29.3 | 55.6 | 88.6 | 4.5 | 24.5 |
Feb | 5.4 | 21.4 | 29.0 | 56.0 | 90.6 | 4.4 | 22.5 |
Mar | 5.4 | 20.4 | 28.1 | 57.8 | 92.5 | 3.9 | 18.8 |
Apr | 3.1 | 16.8 | 26.0 | 52.9 | 92.5 | 3.7 | 17.0 |
May | 2.5 | 13.1 | 23.5 | 48.5 | 91.0 | 3.6 | 14.2 |
Jun | 2.3 | 11.3 | 21.5 | 49.8 | 91 | 3.8 | 12.2 |
Jul | 1.1 | 9.8 | 21.2 | 44.3 | 90.5 | 3.7 | 13.5 |
Aug | 0.8 | 10.4 | 22.6 | 40.5 | 89.7 | 4.0 | 16.5 |
Sept | 0.8 | 13.0 | 24.4 | 42.7 | 89.4 | 4.4 | 20.4 |
Oct | 3.2 | 15.8 | 25.4 | 49.5 | 90 | 4.5 | 22.7 |
Nov | 2.3 | 18.9 | 27.4 | 51.2 | 87.8 | 5 | 26.7 |
Dec | 4.1 | 20.6 | 28.6 | 54.4 | 88.2 | 4.8 | 25.9 |
source: Australian Government Bureau of Meteorology
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