SOLD
Sold on 15 Oct 2024 for $594,000

4/87 Farnell Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 100m2
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Property Details for 4/87 Farnell St, Chermside

4/87 Farnell St, Chermside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 100m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
69m2
Land Size
100m2
Local Government
Brisbane
Lot/Plan
4/BUP10498

Last Listing description (June 2023)

Welcome to 4/87 Farnell Street Chermside. A top floor 2 Bedroom 1 Bathroom apartment in one of the most convenient pockets of Chermside. Located at the front of the complex you will enjoy a private balcony and a beautiful property bathed in natural light.

Local Bus Stop, Westfield Chermside, Chermside Bowls Club, Prince Charles Hospital all just a short walk as well as having quick and easy access to Gympie Road and the Airport Link Tunnel. A great opportunity for first home buyers to get their foot in the market and plenty here for investors looking to add to their portfolio.

The floorplan here is fantastic and flows seamlessly from the eat-in kitchen into living, out to the balcony. The bedrooms both share easy access to the bathroom and separate toilet.

The kitchen offers a big space with plenty of opportunities for a quick and easy renovation. The master bedroom is huge and offers a sizeable built in wardrobe and big windows for a light and bright space.

The unit has a single lock-up garage which has ample room for a large vehicle plus some storage.

Body Corporate Contributions are incredibly low at only $455 per quarter!

Quality apartments at this price point in the current market are extremely rare so I would encourage you to act quickly to secure this quality piece of real estate and avoid disappointment. For further information contact TONY ASPINALL today.

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Property History for 4/87 Farnell St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$594,000
15 Oct 2024
Listed for Rent
$340/w
11 May 2022
  • 15 Oct 2024
    Sold for $594,000
  • 13 Dec 2022
    Sold for $368,000
  • 15 Nov 2022
    Listed for Sale Offers over $365,000
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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 7,631 properties. Over the last 5 years, Houses in Chermside have seen a 60.28% increase in median value, while Units have seen a 75.10% increase. As at 30 November 2024:

  • The median value for Houses in Chermside is $944,820 while the median value for Units is $659,873.
  • Houses have a median rent of $595 while Units have a median rent of $588.
There are currently 60 properties listed for sale, and 39 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Chermside.

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