SOLD
Sold on 14 Dec 2023 for $565,000

4 Rainey Street
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 455m2
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Property Details for 4 Rainey St, Chermside

4 Rainey St, Chermside is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 455m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Chermside in the last 12 months.

Building Type
House
Year Built
1955
Floor Size
89m2
Land Size
455m2
Local Government
Brisbane
Lot/Plan
127/RP42122

Last Listing description (February 2024)

If you're in the market for a fantastic block of land in the heart of Chermside, we've got a gem just for you! Located in the heart of Chermside's conveniences, this property offers you a world of possibilities.

This 455sqm block with a 10-meter frontage has plenty of space for your dream home or development project.

On the block there is presently a 3 Bed, 1 Bath home in original condition requiring either full renovation or to be knocked down.

You can choose to renovate the existing home, start from scratch and build your dream house, or capitalize on the development potential in this ultra-convenient location.

The block is MDR Medium Density Residential Zone: Ideal for savvy investors and developers.

Location Perks:
* Walking distance to Prince Charles Hospital and St. Vincent's Private Hospital.
* A wide range of medical specialists nearby.
* Multiple bus stops within walking distance, making commuting a breeze.
* A stone's throw away from Chermside Westfield for shopping, dining, and entertainment.
* Zoned for Somerset Hills State School and Wavell State High School, with Our Lady of the Angels Catholic Primary School nearby.

Don't miss out on this golden opportunity!

Watt Favs:
* Prime location in Chermside.
* 10m frontage.
* MDR zoning for development.
* 3-bed, 1-bath original home.
* Renovate, rebuild, or invest.
* Close to all Chermside conveniences.
* Walk to hospitals.
* Nearby bus stops.
* Short distance to Westfield.
* School zones: Somerset Hills, Wavell, and Our Lady of the Angels.
* Versatile opportunity for homeowners and investors.

Property History for 4 Rainey St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$565,000
14 Dec 2023
  • 14 Dec 2023
    Sold for $565,000
  • 23 Oct 2023
    Listed for Sale For Sale Now
  • 22 Oct 2020
    Listed for Sale $450,000
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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 7,571 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 69 properties listed for sale, and 37 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 413 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.