498A Rode Road, Chermside, QLD 4032 | Property Value & History | OnTheHouse
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498A Rode Road
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 600m2
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Property Details for 498a Rode Rd, Chermside

498a Rode Rd, Chermside is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 600m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2013.

Building Type
House
Year Built
1950
Floor Size
98m2
Land Size
600m2
Local Government
Brisbane
Lot/Plan
1/SP253961

Last Listing description (March 2016)

Investors and developers get excited as the options are endless here. This property can be sold on its own, or with 37, 39 & 43 Parkdale Street Kedron all available to purchase, this would give a grand size of 2,629m2 of LR land, prime real estate in Kedron!
I believe the available options are as follows, however I would encourage you to seek your own independent advice.
1. Buy 498a on its own to either renovate existing home, or demolish and build new

2. Buy all 4 sites and investigate immediate development options on a total of 2,629m2.
3. Buy all 4 sites and land bank for future development. Very good holding income through owning two unit blocks.
4. Buy 43 on its own, build the new townhouse now and hold for the long term.
5. Buy 43 on its own, rent as is and build the new townhouse when you are ready.
6. Buy 37 and 39, knock down 37, take a slice of land off the unit block of number 39, create two vacant lots on 37, build two new houses, renovate the unit block and sell all 5 dwellings off individually (2 new houses and 3 renovated units).
7. Complete Option 6, but instead of selling, hold all for rent for the long term.
8. Complete Option 6, but sell the houses only and use the profits to reduce the loan on the unit block - then hold the unit block cash-positive to rent for the long term.
9. Buy 37, 39 and 498a, knock down all three & create four vacant lots to either build four new homes or sell all lots as vacant land.
I provide the following information for 498a Rode Road Chermside:
Low set brick home with new Iron roof installed
600m2 Battleaxe block with shared driveway
1 Bedroom, 1 bathroom
Location:
550m (7 minute walk) to Holy Spirit Northside Private Hospital and The Prince Charles Hospital
1.3km (3 minute drive) to Westfield Chermside Shopping Center
10.4km to Brisbane CBD
Are you going to take advantage of this rare opportunity, and reap the benefits with the continual capital growth in Kedron??
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionally purposes.

Property History for 498a Rode Rd, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$332,000
25 Jan 2013
  • 07 Dec 2015
    Listed for Sale FOR SALE
  • 26 Jan 2013
    Listed for Sale Neg. Over
  • 25 Jan 2013
    Sold for $332,000
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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 7,858 properties. Over the last 5 years, Houses in Chermside have seen a 85.14% increase in median value, while Units have seen a 109.69% increase. As at 31 January 2026:

  • The median value for Houses in Chermside is $1,201,046 while the median value for Units is $809,932.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 34 properties listed for sale, and 33 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in Chermside.

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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.