824 Gympie RoadChermside QLD 4032
Property Details for 824 Gympie Rd, Chermside
Last Listing description (February 2025)
• Fully leased currently returning $195,902 pa net + o/g + GST
• Multi-tenanted to a healthy mix of long term tenants
• 375sqm Building on a prime 465sqm corner site
• Premium corner opposite Westfield Chermside
• Future rental growth via annual increases + reviews to market
• Low maintenance & hassle free investment
• Retiring Vendors - 1st time offered for sale in 70 years
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
Listing ID 1118760
Property History for 824 Gympie Rd, Chermside, QLD 4032
- 06 Feb 2025Listed for Sale Auction In-Rooms 02 October 2024
- 02 Oct 2024Sold for $2,631,500
- 21 Aug 2024Listed for Sale Auction In-Rooms 02 October 2024
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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 7,856 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.
Suburb Insights for Chermside 4032
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