FOR SALE
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Lot 3/16 Ballantine Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Great Unit for Senior Living and Investment

Units for senior living.
Great investment and living opportunities for a Property Lot (contains 2 separate one bedroom units), located in central Chermside!
Contact 0449 237 155 for an inspection appointment and more details! (viewing by appointment only)
• Great Investment Return
- Total rental income between $540-$560 per week
• Great Rental Market
- Rental to seniors with long term living potential (two units all currently tenanted with stable rental income)
Excellent Location
- 1 minute walk to Bus Stops
- 2 minute walk to Chermside Library
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Property Details for Lot 3/16 Ballantine St, Chermside

Lot 3/16 Ballantine St, Chermside is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with Australian Property Alliance Management.

Building Type
Unit

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About Chermside 4032

The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% in the area during that time. The predominant age group in Chermside is 20-29 years. Households in Chermside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.

Chermside has 7,572 properties. Over the last 5 years, Houses in Chermside have seen a 67.02% increase in median value, while Units have seen a 69.21% increase. As at 31 October 2024:

  • The median value for Houses in Chermside is $977,450 while the median value for Units is $644,417.
  • Houses have a median rent of $590 while Units have a median rent of $580.
There are currently 63 properties listed for sale, and 39 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

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Henry Jing
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Australian Property Alliance Management
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.