SOLD
Sold on 22 Aug 2024 for $1,400,000

27 Glenwood Street
Chelmer QLD 4068

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 60m2
Land area: 607m2
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Property Details for 27 Glenwood St, Chelmer

27 Glenwood St, Chelmer is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1969. The property has a land size of 607m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Chelmer in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
60m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
104/RP80089

Last Listing description (October 2024)

Rare as hens teeth!

Situated in a popular, ultra quiet location, with low vacancy rates, stands this whole block of 3 x 1 bedroom and 1 x 2 bedroom flats.
Returning $83,980 per annum, this block represents excellent value with high returns.

All flats are fully self-contained and have air-conditioning, polished hardwood floors, neat and tidy kitchens and bathrooms & ceiling fans.

Sitting on 607m2 land.

A new Colorbond roof and gutters were installed in 2020 and all flats are separately metered for water and electricity.

Shared laundry and single carport for each, downstairs.

Potential to strata title into 4 separate units and hold or sell off individually.

Inspections by appointment or open homes as advertised.

Property History for 27 Glenwood St, Chelmer, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$1,400,000
22 Aug 2024
Listed for Rent
$1.50k/w
11 May 2023
  • 22 Aug 2024
    Sold for $1,400,000
  • 21 May 2024
    Listed for Sale Offers over $1.4m
  • 01 Jan 2023
    Sold for $1,000,000
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About Chelmer 4068

The size of Chelmer is approximately 1.8 square kilometres. It has 8 parks covering nearly 10.6% of total area. The population of Chelmer in 2011 was 2,593 people. By 2016 the population was 2,986 showing a population growth of 15.2% in the area during that time. The predominant age group in Chelmer is 10-19 years. Households in Chelmer are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Chelmer work in a professional occupation. In 2011, 78.1% of the homes in Chelmer were owner-occupied compared with 78.3% in 2016.

Chelmer has 1,190 properties. Over the last 5 years, Houses in Chelmer have seen a 67.45% increase in median value, while Units have seen a 75.96% increase. As at 31 October 2024:

  • The median value for Houses in Chelmer is $1,719,188 while the median value for Units is $597,900.
  • Houses have a median rent of $933 while Units have a median rent of $385.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Chelmer on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Chelmer.

Suburb Insights for Chelmer 4068

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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.