16/18 Western Avenue, Chermside, QLD 4032 | Property Value & History | OnTheHouse
OFF MARKET

16/18 Western Avenue
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 668m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 16/18 Western Ave, Chermside

16/18 Western Ave, Chermside is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 668m2.

Building Type
House
Land Size
668m2
Local Government
Brisbane

Last Listing description (September 2024)

This prime elevated 1336m2 site, situated in the heart of Chermside, is ideally located just a short walk to transport, hospitals and the popular Westfield Chermside Shopping Centre, only minutes away.

The current two post war dwellings on the property, would offer a holding income for investors land banking, which would lease for approximately $1,300 per week.

With Chermside being earmarked for an increase in population by approximately double over the next 20 years, this provides of positive outlook for astute developers and investors, now and into future; sites of this size and zoning are becoming harder and harder to acquire, with very limited stock.

- Total land size 1336m2 (Approximately)
- 10km to Brisbane CBD (Approximately)
- 15 minutes to Brisbane's domestic & international airports
- Short Walk to Qld's largest Westfield's and major transport hub
- Walk to 2 major hospitals and other emergency services
- Elevated flood free location in a quiet position
- Zoned High Density- 10 Storeys - 50 Apartments STCA
- Existing two homes approx. Rent of $1,300 per week

PHONE GRAHAM CARTER OF RAY WHITE FOR FURTHER DETAILS ON 0411 222 666.

Property History for 16/18 Western Ave, Chermside, QLD 4032

A timeline of how this property has performed in the market
  • 13 Aug 2024
    Listed for Sale FOR SALE NOW
  • 01 Apr 2024
    Listed for Sale Expressions of Interest
  • 24 Feb 2022
    Listed for Sale For Sale by Negotiation
Commute Calculator

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 7,857 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 30 properties listed for sale, and 40 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 391 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

Market Insights
Chermside Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Chermside Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.