59 Davenport Street, Chermside, QLD 4032 | Property Value & History | OnTheHouse
OFF MARKET

59 Davenport Street
Chermside QLD 4032

Bedrooms: 8
Bathrooms: 8
Car spaces: 4
Floor area: 88m2
Land area: 607m2
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Property Details for 59 Davenport St, Chermside

59 Davenport St, Chermside is a 8 bedroom, 8 bathroom Unit with 4 parking spaces. The property has a land size of 607m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Floor Size
88m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
4/RP60874

Last Listing description (October 2023)

Unlock Your Potential in Property Investment!

Introducing a rare and lucrative investment opportunity that demands your attention. Nestled in the heart of Chermside, QLD, 4032, this exceptional 4-unit complex at 59 Davenport Street awaits your discerning investment strategy. Built with precision and care by the owner themselves in 2013, this complex is now being offered to the market for the very first time.

Key Highlights:

Four Units, One Unbeatable Deal: This remarkable complex offers 4, 2 bedroom, 2 bathroom units held in one line, presenting you with a diverse portfolio that promises multiple revenue streams.

Prime Investment Location: Chermside's strategic location ensures a steady influx of renters, making it an ideal destination for long-term tenants. Situated near essential amenities, transport hubs, and recreational facilities, this property is a magnet for potential occupants.

Owner-Crafted Quality: Meticulously constructed by the owner, every detail reflects a commitment to quality and longevity. Your investment is safeguarded by superior craftsmanship and attention to detail that resonates in every corner of these units.

Booming Suburb Growth: Chermside has evolved into a thriving hub, attracting a diverse demographic of residents who are seeking convenience and modern living. This surge in popularity translates to increased demand for rental properties, ensuring a reliable and consistent rental income.

Secure Investment: Your investment future matters to us. With an existing track record of success in the rental market, these units offer stability and the potential for capital appreciation. Begin your journey as an astute property investor with confidence

Unit Features:

Spacious open plan layouts designed for modern living.
Premium fixtures and finishes that stand the test of time.
Private outdoor spaces for each unit, adding to tenant appeal.
Secure parking facilities for added convenience and safety.

Investment Details:

Unit 1 current rent $420 p/w potential rent $520 to $550 p/w
Unit 2 current rent $520 p/w potential rent $520 to $550 p/w
Unit 3 current rent $510 p/w potential rent $520 to $550 p/w
Unit 4 current rent $450 p/w potential rent $520 to $550 p/w

Current annual rental income $98,800
Potential annual rental income $114,400
Council Rates - $1,303.10 p/qtr
Water Rates - $1,015.96 p/qtr

Invest with Confidence:

When opportunity knocks, it's time to act. This four-unit complex at 59 Davenport Street, Chermside, QLD, 4032, is your gateway to a prosperous investment future. With a proven history of strong rental demand, a central location, and the unique touch of being owner-constructed, this property is your canvas for wealth creation.

To secure this exclusive investment opportunity or to learn more, contact Mario Rossi on 0428 166 370. Don't miss out on your chance to own a piece of Chermside's flourishing real estate market. Act now and let this investment pave the way to financial success.

Contact the agent for a full Information Memorandum.

Property History for 59 Davenport St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$2,250,000
07 Sep 2023
Listed for Rent
$430/w
30 Jan 2023
  • 07 Sep 2023
    Sold for $2,250,000
  • 22 Aug 2023
    Listed for Sale Under Offer
  • 20 Jan 2023
    Listed for Rent $430 / 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 7,862 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 32 properties listed for sale, and 39 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 390 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.