This property is Off Market
With an average age of 36, households expect an average monthly mortgage payment of $2,058 or a weekly rent payment of $450. The average family earns a weekly income of $2,223 with a typical household size of 2.8 and a 94.47% employment rate.
Consistent high demand relative to supply is a key feature in Chermside West driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Chermside West are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Chermside West 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 West necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 3%)
Chermside West 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
48 / 100
32 / 100
Industry
29 / 100
32 / 100
Population
35 / 100
40 / 100
House Prices
84 / 100
63 / 100
Jobs
34 / 100
31 / 100
Incidents Trend State Average
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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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