OFF MARKET

388 Rode Road
Chermside QLD 4032

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 133m2
Land area: 610m2
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Property Details for 388 Rode Rd, Chermside

388 Rode Rd, Chermside is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 610m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1940
Floor Size
133m2
Land Size
610m2
Local Government
Brisbane
Lot/Plan
42/RP70645

Last Listing description (May 2023)

Whether you are looking for somewhere to add value and flip or your opportunity to renovate and create your dream home in a fantastic and convenient location, this is the property for you!

This 1940's Queenslander needs love but has plenty to give with 10-foot ceilings, original timber floors and VJ walls still in great condition. Whilst currently a two bedroom one bathroom floorplan, the options to extend and build in underneath are endless and with a current DA approved and in place to extend and modify, most of the hard work is out of the way!

As they say in Real Estate, "position is everything"! This one is within walking distance to Westfield Chermside, local schools and Prince Charles Hospital. Public transport is just a short stroll away and there is also quick access to the Airport Link tunnel. The property also has beautiful city views from the existing kitchen windows and sleepout area which would only be improved by slightly raising the property when building in underneath.

There are two sizeable sheds and a covered workshop area located at the rear of the 610m2 block ideal for many applications depending on your interests. A small business could easily operate from the rear with driveway access all the way down the side of the property or create a granny flat for family or investment.

Fully renovated properties in this area with this kind of position are pushing past the $1Million mark making this an amazing opportunity to buy and make your own mark on the neighbourhood. This one demands some vision and creativity but the reward will be sweet so come and inspect. Don't miss out!!!

Brisbane City Council Rates are $419.51 per quarter.
The average rental price for two bedroom houses in Chermside is $347 per week (according to CoreLogic Data for 2018 as at 15/05/18).

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.

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Property History for 388 Rode Rd, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$520,000
29 Jun 2018
  • 29 Jun 2018
    Sold for $520,000
  • 23 Jan 2018
    Listed for Sale Auction
  • 03 Jun 2005
    Sold for $380,000
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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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