106/40 Playfield Street, Chermside, QLD 4032 | Property Value & History | OnTheHouse
OFF MARKET

106/40 Playfield Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 89m2
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Last updated 19 Jan 2026
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Property Details for 106/40 Playfield St, Chermside

106/40 Playfield St, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 89m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2009
Floor Size
88m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
106/SP259390

Last Listing description (March 2016)

Only 10kms from the Brisbane CBD, is an OFF THE PLAN release and construction is estimated to be complete in September 2015. This ideal capital city investment opportunity comes with an initial 15 year lease.
Benefits Include:
* Long term 15 year lease with 2 x 5 year options

* Built-in 4% rent increases & 5 yearly market reviews
* No management fees
* No letting fees
* No vacancies - rent paid monthly regardless of occupancy
* No Body Corporate Administration fees
* Excellent nett return on investment
Almost complete so no time to delay

Property History for 106/40 Playfield St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$468,300
19 Oct 2024
  • 19 Oct 2024
    Sold for $468,300
  • 11 May 2016
    Sold for $433,500
  • 29 Jul 2015
    Sold for $466,999
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About Chermside 4032

The size of Chermside is approximately 4.0 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2016 was 9315 people. By 2021 the population was 11426 showing a population growth of 22.7% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Chermside work in a professional occupation.In 2021, 31.60% of the homes in Chermside were owner-occupied compared with 31.50% in 2016.

Chermside has 7,866 properties. Over the last 5 years, Houses in Chermside have seen a 87.92% increase in median value, while Units have seen a 105.13% increase. As at 31 December 2025:

  • The median value for Houses in Chermside is $1,200,743 while the median value for Units is $789,721.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 36 properties listed for sale, and 42 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 399 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.