SOLD
Sold on 13 Feb 2024 for $425,000

505/40 Playfield Street
Chermside QLD 4032

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 89m2
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Property Details for 505/40 Playfield St, Chermside

505/40 Playfield St, Chermside is a bedroom, bathroom Unit and was built in 2009. The property has a land size of 89m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
86m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
505/SP259390

Property History for 505/40 Playfield St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$425,000
13 Feb 2024
  • 13 Feb 2024
    Sold for $425,000
  • 30 May 2016
    Sold for $484,000

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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, 412 properties were sold in the past 12 months in Chermside.

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