SOLD
Sold on 21 Nov 2023 for $485,000

2/40 Norman Drive
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 114m2
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Property Details for 2/40 Norman Dr, Chermside

2/40 Norman Dr, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 114m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
82m2
Land Size
114m2
Local Government
Brisbane
Lot/Plan
2/BUP101567

Last Listing description (November 2023)

Enjoy low maintenance living with this perfectly positioned, ground floor unit. Built in 1994, close to public transport, parks and shops. This beautiful property comes with its own lock-up garage and would suit first home buyers or those wanting to downsize.

Spacious open plan living area with air conditioning
Well appointed kitchen with ample storage and stainless steel appliances

Two good sized bedrooms with built-ins, master with air conditioning and ensuite
Ceiling fans and security screens throughout
Secured complex entry by key only and remote access garage
Rates: $325 per quarter, block size: 114 sqm
Body Corp fees: $625 per quarter (approx)
Sinking Fund $33,700 as at 31.01.23
Rental Appraisal: $485 to $525 per week (approx)
Nbn: Hybrid Fibre Coaxial (HFC)

School Catchments
Prep to Year 6: Wavell Heights State School
Year 7 to Year 12: Craigslea State High School

Nestled in Chermside, this property enjoys an array of nearby amenities. Wander to the picturesque Marchant Park for outdoor leisure and discover educational institutions like Craigslea State School and Wavell State High School. Notably, prestigious private schools, such as St. Gerard Majella School are also close at hand. With the nearest bus stop within a stone's throw and the train station conveniently nearby, public transport options ensure a well-connected lifestyle. Brisbane City is a short 10 kilometres away, while the airport is easily accessible for your travel needs. For daily essentials, you'll find both Coles and Woolworths supermarkets, and Westfield Chermside offering diverse retail options. Rest easy knowing that essential healthcare facilities are nearby, with The Prince Charles Hospital and Holy Spirit Northside Private Hospital ready to provide medical care when needed. This location in Chermside offers convenience, accessibility and a vibrant lifestyle.
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Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. Any rental appraisal advertised or provided was current at the time of the appraisal and may fluctuate depending on market movement. McGrath Estate Agents shall not be responsible should the appraisal or any part thereof be incorrect or incomplete in any way.

Property History for 2/40 Norman Dr, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$485,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $485,000
  • 30 Oct 2023
    Listed for Sale For Sale
  • 29 Nov 2016
    Sold for $335,000
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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 7,618 properties. Over the last 5 years, Houses in Chermside have seen a 78.04% increase in median value, while Units have seen a 63.86% increase. As at 31 August 2024:

  • The median value for Houses in Chermside is $1,015,105 while the median value for Units is $623,928.
  • Houses have a median rent of $580 while Units have a median rent of $570.
There are currently 70 properties listed for sale, and 44 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 429 properties were sold in the past 12 months in Chermside.

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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.