5/31 Rainey StreetChermside QLD 4032
Property Details for 5/31 Rainey St, Chermside
5/31 Rainey St, Chermside is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Apartment sold in Chermside in the last 12 months.
Last Listing description (November 2025)
Imagine stepping into your very first home – a spacious, ground-floor apartment that ticks every box for the savvy first home buyer. Welcome to 5/31 Rainey Street, Chermside, where convenience meets quality in one of Brisbane's most connected suburbs.
What Makes This Your Perfect First Home?
This isn't just another apartment – it's a thoughtfully designed 2-bedroom, 2-bathroom residence that offers the space, privacy, and lifestyle you've been searching for.
Smart, flowing layout – From your private entry through to the open-plan living and dining, this home feels spacious and welcoming. The layout makes entertaining friends or simply relaxing after work an absolute pleasure.
Your own outdoor retreat – Step out to your private courtyard – perfect for morning coffee, weekend BBQs, or unwinding with a book. It's your own slice of outdoor living without the maintenance headaches of a traditional house.
Privacy by design – The bedrooms sit at opposite ends of the apartment, giving you and guests (or a home office setup) genuine separation. Plus, being tucked at the rear of a boutique 5-apartment complex means peace and quiet.
A kitchen you'll actually want to cook in – Quality appliances, gas cooktop, and an open design mean you can cook up a storm while still chatting with family or friends in the living area.
Master suite sanctuary – Your master bedroom comes with a walk-in wardrobe, private ensuite, and split-system air conditioning. It's your personal retreat at the end of each day.
Double the parking, double the convenience – Two separate single lock-up garages with remotes mean secure parking for both cars (or one car plus loads of storage). Visitor parking is also available for when friends drop by.
Location That Works For Your Life
First home buyers love this address because everything you need is right here:
✓ Bus stop at your doorstep – leave the car at home
✓ Local coffee shop for your morning fix
✓ Westfield Chermside just minutes away for shopping and dining
✓ Quick access to Gympie Road, Airport Link Tunnel, and Prince Charles Hospital
✓ Connected to the city and everything Brisbane has to offer
The Numbers That Matter
Body Corporate: Approximately $1,300 per quarter (covers building insurance and common area maintenance)
First Home Buyer Friendly: Potentially eligible for government grants and stamp duty concessions
Act Now?
Ground-floor apartments with these features in Chermside are like gold dust – they're rarely available and highly sought after by first home buyers who want easy access, and that connection to outdoor space.
This one won't last long.
If you've been waiting for the right property to start your home ownership journey, this is it. Quality, convenience, and a lifestyle you'll love – all in one smart package.
Contact Adrian Kirwan today to arrange your private inspection. Let's turn your first home dream into your new address.
Property History for 5/31 Rainey St, Chermside, QLD 4032
- 05 Nov 2025Sold for $831,000
- 30 Oct 2025Listed for Sale For Sale
- 29 Nov 2022Sold for $492,500
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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.
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