2/27 Mermaid Street, Chermside, QLD 4032 | Property Value & History | OnTheHouse
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2/27 Mermaid Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 117m2
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Property Details for 2/27 Mermaid St, Chermside

2/27 Mermaid St, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 117m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
1996
Floor Size
117m2
Land Size
117m2
Local Government
Brisbane
Lot/Plan
2/BUP104507

Last Listing description (September 2014)

Chermside - S-O-L-D by Nick Thornton
This Property is NOW UNDER CONTRACT This two bedroom ground floor unit is position perfect with a short distance to local and major shopping and Chermside two hospitals, The Holy Spirit and Prince Charles. This property would suit the investor, first home buyer or retiree looking to downsize. The generous sized living area opens to a tiled patio area and large rear courtyard. The well appointed kitchen opens onto a side paved courtyard for alfresco dining. Main bedroom with walk-in robe and tiled ensuite is a good size. Second bedroom also has built-in robes and also opens onto the side courtyard. Family sized main bathroom with shower over plunge bath and is large enough with a laundry. Lockup garage and a small complex of only 5 quality built units. Currently rented to great tenants until 11/01/2015 at $360 per week. Body corp fees $1,420 per year. Don't delay this ground floor unit has a lot to offer. Contact marketing agent Nick Thornton for more information. 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.

Property History for 2/27 Mermaid St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$369,000
14 Aug 2014
Listed for Rent
$360/w
29 Nov 2013
  • 14 Aug 2014
    Sold for $369,000
  • 04 Aug 2014
    Listed for Sale $369,000
  • 08 Nov 2013
    Listed for Rent $360 / week
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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 7,853 properties. Over the last 5 years, Houses in Chermside have seen a 87.97% increase in median value, while Units have seen a 104.54% increase. As at 30 November 2025:

  • The median value for Houses in Chermside is $1,211,121 while the median value for Units is $775,492.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 28 properties listed for sale, and 35 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 407 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.