OFF MARKET

19 Reinhold Crescent
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 617m2
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Property Details for 19 Reinhold Cres, Chermside

19 Reinhold Cres, Chermside is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1961. The property has a land size of 617m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
House
Year Built
1961
Floor Size
115m2
Land Size
617m2
Local Government
Brisbane
Lot/Plan
31/RP94326

Last Listing description (January 2016)

This Property is now sold
Auction on site Saturday 26th September 2015 at 11:00am
This fantastic one owner residence built in 1961 is backing onto acres of parkland and is the perfect location for a Unit or Townhouse development project (Subject to Brisbane City Council approval), this site is set on a flat to gentle sloping 617m2 land size with potential to develop now or in the future.

The current owners have enjoyed many years raising their family here and have now purchased a new lowest home.
The property is walking distance to all that Chermside has to offer, including Westfield shopping town, Chermside library, city bus terminus and plenty of speciality shops and restaurants and coffee shops but in a very peaceful location surrounded by acres of parkland and open space.
The kitchen is one any master chef would enjoy while there is the formal lounge and dining area plus extra family room at the rear of the kitchen area great for every day meals or extra living area.
Plenty of storage under including work bench area and builtin laundry.
With a solid highset timber home in good condition this would bring a good return if you choose to sit and hold or develop now and take advantage of the current growth in the market.
For more details call Nick Thornton
SUBURB PROFILE:
Located about a 10km drive north of the Brisbane CBD, Chermside is a well-established Brisbane suburb and is known for several local landmarks including the Prince Charles and Holy Spirit Northside Private Hospitals, Westfield Chermside and the very popular Kedron-Wavell Services club. While the suburb still has many weatherboard homes constructed during the 1950s and 1960s, many higher density developments have been constructed in recent years.
Unit and townhouse sales now make up over 60 per cent of residential sales in the suburb each year. Chermside residents have witnessed a renewal phase in the suburb's lifecycle assisted by the development of retail shopping facilities along Gympie Road and the relocation of the Australian Taxation Office as well as the development of the Northern Busway.
Westfield Chermside, the largest suburban shopping centre in Queensland, is the major retail anchor for all the surrounding suburbs and is the location of a major Busway station. With the development of the Northern Busway, Chermside is set to become Brisbane's next satellite city.
Residents are well serviced by a variety of restaurants, retail businesses and leisure facilities such as the Chermside aquatic centre and a number of schools. Investor activity is high in the area with a high proportion of rental dwellings in the suburb and healthy rental yields. 2007 and 2009 in particular saw higher than usual sales numbers in the unit market with the release of a number of new developments.

Property History for 19 Reinhold Cres, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$615,000
20 Sep 2015
Listed for Rent
$450/w
03 Dec 2015
  • 12 Nov 2015
    Listed for Rent - Price not available
  • 20 Sep 2015
    Sold for $615,000
  • 05 Sep 2015
    Listed for Sale Not Disclosed

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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 7,568 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 59 properties listed for sale, and 41 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

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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.