SOLD
Sold on 20 Sep 2024 for $500,000

5/23 Binkar St
Chermside QLD 4032

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 112m2
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Property Details for 5/23 Binkar St, Chermside

Building Type
Unknown
Land Size
112m2
Local Government
Brisbane
Lot/Plan
5/SP322952

Last Listing description (April 2022)

"Jonie" on Binkar is a breath of fresh air in the inner city Brisbane market. With only 13 oversized homes being built not only do you have the luxury of living in a small building but, you also have the fixtures, finishes and space of a brand new build.

This is not only the last apartment for sale but also a truly unique 1 bedroom not seen before on the market place. Spanning over 93m and with a private lock up garage this is the unique entry to the rapidly growly Brisbane market you have been searching for.

Apartment Features

- Only in a small block with 13 apartments total
- Huge home owner occupancy as 10/13 apartments are home owners
- Huge 94m corner space
- Separate laundry
- Separate storage
- Separate electric lock up garage (not a shared space)

Building features

- Qualifies for FHO Grant ($15k)
- Minutes walk to Chermside shopping centre
- Minutes walk to transport and major bus routes
- 12 minutes Brisbane CBD
- 12 minutes Brisbane Airport

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Property History for 5/23 Binkar St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$500,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $500,000
  • 22 Oct 2021
    Sold for $397,000
  • 17 Sep 2021
    Listed for Sale Contact Agent

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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 7,568 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 59 properties listed for sale, and 41 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Chermside.

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