SOLD
Sold on 07 Mar 2024 for $960,000

73 Nielson Street
Chermside QLD 4032

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 245m2
Land area: 655m2
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Property Details for 73 Nielson St, Chermside

Building Type
Land
Year Built
2024
Floor Size
245m2
Land Size
655m2
Local Government
Brisbane
Lot/Plan
230/RP79791

Last Listing description (December 2020)

Positioned in a quiet residential pocket of Chermside, just a short walk from Westfield Chermside, the Kedron Wavell RSL Club, Chermside Pool and Marchant Park, this ideally located 4 bedroom home is must see if location matters! Having undergone a tasteful makeover in recent years, this spacious home is ideal for those looking for a ideal located property with much of the hard work already done. The property is currently rented at $450 per week to October.Features include:*4 generous air-conditioned bedrooms*Polished timber floorboards throughout*Modern bathroom*Central dining / meals area off the kitchen*Air-conditioned living / family room adjacent to the dining room*Modern kitchen with S/S appliances and gas cook-tops*655m2 prime fully fenced land*Single carport with side access leading to the large shady back yard*Situated in a location second-to-nonePHONE GRAHAM CARTER OF RAY WHITE CHERMSIDEFOR FURTHER DETAILS ON 0411 222 666.SUBURB PROFILE:Located about a 12km drive north of the Brisbane CBD, Chermside is a well-established Brisbane suburb and is known for several local landmarks including the Prince Charles and Holy Spirit Northside Private Hospitals, Westfield Chermside and the very popular Kedron-Wavell Services club. While the suburb still has many weatherboard homes constructed during the 1950s and 1960s, many higher density developments have been constructed in recent years. Unit and townhouse sales now make up over 60 per cent of residential sales in the suburb each year. Chermside residents have witnessed a renewal phase in the suburb's lifecycle assisted by the development of retail shopping facilities along Gympie Road and the relocation of the Australian Taxation Office as well as the development of the Northern Busway. Westfield Chermside, the largest suburban shopping centre in Queensland, is the major retail anchor for all the surrounding suburbs and is the location of a major Busway station. With the development of the Northern Busway, Chermside is set to become Brisbane's next satellite city. Residents are well serviced by a variety of restaurants, retail businesses and leisure facilities such as the Chermside aquatic centre and a number of schools. Investor activity is high in the area with a high proportion of rental dwellings in the suburb and healthy rental yields. 2007 and 2009 in particular saw higher than usual sales numbers in the unit market with the release of a number of new developments. Source: REIQ

Property History for 73 Nielson St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$960,000
07 Mar 2024
Listed for Rent
$480/w
11 Jun 2011
  • 07 Mar 2024
    Sold for $960,000
  • 11 Sep 2020
    Sold for $640,000
  • 13 Oct 2014
    Listed for Sale FOR SALE
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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.

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.