Fraud Blocker

Chermside, QLD 4032

Home » QLD Real Estate Data » Northern Brisbane, QLD » Chermside, QLD 4032

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Chermside, QLD 4032 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Chermside, QLD 4032”

  1. The total adult population (15 years or older) of Chermside 4032 QLD is 10,075, with a median age of 35. Of those, 30.59% are married, 14.74% are divorced or separated, 47.74% are single and 6.96% are widowed.

    The average household size is 1.9 people per dwelling, and the median household monthly income is estimated to be $7,544. The median monthly mortgage repayment for households in this suburb is $1,690 which is 22.40% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban locale of Chermside, postcode 4032, is situated in Queensland. This neighbourhood is currently home to approximately 7,091 households. As of the third quarter in 2023, the typical price for houses in Chermside is forecast at $882,040. With median weekly rents pegged at $534, they are providing an indicative yield of 3.15%.

    The suburb has an IRSAD score of 972 out of 1217. This indicates that there is a relatively high level of socio-economic affluence in the area, featuring those with access to economic resources, relatively high income levels and a trove of skilled professions.

    The renter-to-owner ratio is estimated at 63%, suggesting that a solid majority of residents are in the rental market. This ratio is higher than the benchmark of 45% and could indicate potential risk factors of high competition. However, given all other favourable metrics, this shouldn’t be a deterrent for savvy investors ready to tackle the challenges of rental market saturation.

    The units to houses ratio stands at 68%, which signals a predominance of units, flats, apartments, and studios in the property market of Chermside. This could result in increased competition amongst landlords due to the oversupply of units in the property market. However, with the correct investment strategy, marketing approach and property management, you can still stand out in this competitive market.

    Now comes the somewhat less favourable news. The affordability index or years to own metric for Chermside is quite high at 46 years, which points to decreased affordability and prolonged mortgage cycles. However, this issue isn’t isolated to Chermside alone; it’s a widespread trend in booming property markets all over Australia.

    The ‘stock on market’ percentage for houses is 0.29%, and the inventory level sits at 0.69 months, both suggesting a low supply market which is generally favourable for property investors. The building approvals Ratio for houses is 1.74%, which is slightly high but still within a fair range.

    As for the market demand, the average ‘days on market’ for houses in Chermside is 43 days. vacancy rate sits at a low 0.92%, which indicates a high demand in the rental market. Unfortunately, the buy search index is below the neutral limit at a value of 2, hinting at limited buyer interest at the moment.

    While Chermside’s property market provides some mixed signals, smart investors will see the potential for both capital gains and rental yield. Stay informed, keep an eye on market developments and make the investment decisions that best suit your financial plan and investment strategy. Keep in mind, it’s okay to have some metrics in unfavourable ranges if the majority of other metrics are favourable. Lastly, consider tools like HtAG Analytics’ Relative Composite Score metric to help simplify your real estate investment research.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment