Get a property report and suburb profile for any property in Chermside West

Chermside West is an established residential pocket in Brisbane’s northern suburbs, with quiet, tree-lined streets and a mix of older weatherboard and brick homes alongside pockets of newer townhouse infill. Backyards, neighbourhood parks and sporting fields are part of everyday life, and the community of 6,965 people has a median age of 39 and is weighted towards couples and families; roughly three quarters of homes are owner-occupied.

Everyday shopping, major retail, medical and dining options are close by at Westfield Chermside, and regular bus links connect the suburb into the wider northern corridor, supporting a low-key suburban lifestyle with easy access to city amenities. Local works reported include the reopened Raven Street Reserve timber footbridge, upgrades at Martindale Park that prompted a petition for a public toilet, a new on-site “stop and go” drop-off being built at Craigslea State School, a Volleyball Centre of Excellence at Craigslea State High School, and a major expansion at Prince Charles Hospital adding around 93 beds.

A typical local household's income at the last Census was $2,124 a week. With a median house price of $1,295,000, buying a house in Chermside West works out to about 11.7 times a typical local annual household income at the last Census. Renting is less stretched: a house rent of $750 a week would take about 35.3% of that weekly income, a sizeable share, while a unit rent of $525 a week would take about 24.7%, a moderate share. On these figures, renting looks less stretched against local incomes than buying.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The most notable movement over the past 12 months was a strong 16.0% rise in median house values in Chermside West. House rents also climbed, up 7.1% over the same period, so on the figures available capital growth in houses has outpaced rental income this year. Whether that balance suits your investment goals depends on what you’re after — growth or income — and your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.