8 Buna StreetChermside QLD 4032
Property Details for 8 Buna St, Chermside
8 Buna St, Chermside is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 584m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (February 2020)
First time on the market after being in the same family for around 70 years, this property is now ready for its next chapter. The property is ideal for a young family or the astute investor who has an eye for future development, as the site lends itself to potential for a small unit complex (6) or a three townhouse project (STCA), with its Low to Medium (LMR) zoning.Situated in the southern part of Chermside, less than 10km to Brisbane CBD and only 15 minutes to the airport, this is a fabulous property to have in your portfolio. The home is still in original condition with 1940's decor and is ready to renovate, live in and enjoy, while land banking for the future.Positioned on the high side of the street, in one of Chermside's most desirable addresses, with several homes exceeding the one million price bracket in recent years, the almost flat block is only 5 minutes' walk to one of Australia's largest Westfield's and just minutes to transport, schools, hospitals and Burnie Brae Park; this is sure to be a popular location!For more details call Graham Carter on 0411 222 666
Property History for 8 Buna St, Chermside, QLD 4032
- 11 Dec 2019Sold for $532,500
- 21 Aug 2019Listed for Sale Offers Over $549,000
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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 7,627 properties. Over the last 5 years, Houses in Chermside have seen a 78.04% increase in median value, while Units have seen a 63.86% increase. As at 31 August 2024:
- The median value for Houses in Chermside is $1,015,105 while the median value for Units is $623,928.
- Houses have a median rent of $580 while Units have a median rent of $570.
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