3/87 Farnell StreetChermside QLD 4032
Property Details for 3/87 Farnell St, Chermside
3/87 Farnell St, Chermside is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 100m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (January 2022)
The Mark Pickles Team is pleased to bring this cute-as-a-button two bed apartment to market.
The current owners lovingly look after, and have provided some renovations to, this solid brick, great value home.
With air conditioning, new flooring, private balcony, fitted kitchen and literally a stone's throw from the Westfield shopping mall at Chermside, this place could hardly be in a better position.
Sometimes older is better too, given the double brick construction this unit, part of a very small and affordable body corporate, feels hewn from granite.
Two large double bedrooms, great bathroom/laundry and super-sized single garage complete the picture.
All the work is done, all you need to do is move in and start living, or pop it on the rental market for immediate returns.
Walking distance to the mall and bust stops nearby, easy access to Prince Charles hospital and the CBD, convenience is assured.
This place would make an ideal first buy, or for a savvy investor looking for great yields.
The location:
Chermside is one of Brisbane's major shopping and entertaining hubs, with one of the Southern Hemisphere's largest retail malls, restaurants, bars, caf culture and with easy access to the CBD.
It is becoming harder to find affordable homes at the moment here, so we advise early viewing so as not to miss out.
Property History for 3/87 Farnell St, Chermside, QLD 4032
- 29 Nov 2021Sold for $330,000
- 15 Oct 2021Listed for Sale Offers Over $325,000
- 25 May 2017Sold for $295,000
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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 7,627 properties. Over the last 5 years, Houses in Chermside have seen a 72.58% increase in median value, while Units have seen a 66.96% increase. As at 30 September 2024:
- The median value for Houses in Chermside is $997,709 while the median value for Units is $638,308.
- Houses have a median rent of $588 while Units have a median rent of $570.
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