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Sold on 03 Nov 2023 for $980,000

10 Ballantine Street
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 647m2
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Property Details for 10 Ballantine St, Chermside

10 Ballantine St, Chermside is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 647m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Chermside in the last 12 months.

Building Type
House
Land Size
647m2
Local Government
Brisbane
Lot/Plan
463/RP72308

Last Listing description (November 2023)

The existing post-war home is situation a stone throw from Westfield's Chermside Shopping Centre and Ideal investment opportunity for land banking and holding for future development, the brick & tile dwelling is perfect for the astute investor/developer, with the desirable central Chermside position, walk to everything, will be attractive to future tenants, in the years to come.

Perfect for a townhouse or unit block development or a multi dwelling project, these LMR zoned properties are in short supply and are becoming very hard to find; this property is perfect, with the potential to develop now or in the future.

Features include:

- 647m2 block with 16m frontage (approx.)
- Under 10km to Brisbane's CBD
- Walk to major Westfield Shopping precinct
- Walk to express city bus
- Flat block and flood free
- Existing brick & tile post-war home with 3 bedrooms
- Hardwood floors, ideal to Polish
- Large covered patio area
- Holding rental income potential
- Original kitchen & Bathroom fit-outs
- Potential rent return at $500 - $600 per week

PHONE GRAHAM CARTER OF RAY WHITE FOR VIEWINGS AND FURTHER DETAILS ON 0411 222 666.

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Property History for 10 Ballantine St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$980,000
03 Nov 2023
Listed for Rent
$550/w
09 Jun 2023
  • 21 Oct 2023
    Sold for $980,000
  • 16 Oct 2023
    Listed for Sale FOR SALE BY NEGOTIATION
  • 08 May 2023
    Listed for Rent $550 / week
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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 7,616 properties. Over the last 5 years, Houses in Chermside have seen a 76.31% increase in median value, while Units have seen a 61.78% increase. As at 31 July 2024:

  • The median value for Houses in Chermside is $1,015,510 while the median value for Units is $610,580.
  • Houses have a median rent of $580 while Units have a median rent of $560.
There are currently 64 properties listed for sale, and 41 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 442 properties were sold in the past 12 months in Chermside.

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Graham Carter
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Ray White Aspley
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