Could Chermside be the best suburb in Brisbane’s northern suburbs? Read on to find out!
Overview
Chermside, located approximately 10 km north of Brisbane’s CBD, is a thriving and dynamic suburb. Known as the “mini-CBD” of the northern suburbs, it offers excellent shopping, dining, and recreational opportunities. The suburb’s proximity to key transport routes and a mix of residential and commercial zones make it a highly desirable location for families, professionals, and investors.
Suburb Snapshot
- Median House Price (2024): $1,062,500 (consistent across this report).
- Annual Growth Rate (2024): 22.8%.
- Proximity:
- 10 km to Brisbane CBD.
- 90 km to Sunshine Coast CBD.
- 5 km to Chermside Shopping Centre.
Chermside is known for its vibrant mix of residential and commercial zones, making it a unique lifestyle destination.
Demographics
- Population: 12,387 (2021 Census).
- Median Age: 35 years.
- Housing Types: Predominantly detached houses with a growing number of units and apartments due to urbanisation.
Property Market Overview
Chermside’s property market continues to grow, showcasing robust performance across key metrics:
- Median House Price (2024): $1,062,500.
- Rental Yield (Houses): 3.2%.
- Vacancy Rate (Nov 2024): 1.8%.
Long-Term Growth Insights: Chermside has shown remarkable growth over the past 18 years. The median house price increased from $341,630 in 2006 to $1,062,500 in 2024, representing an annual growth rate of 6.33%. Key growth years include 2021 (22.0%) and 2024 (22.8%), reflecting demand driven by infrastructure development and proximity to amenities.
Education Options
- Primary Schools: Wavell Heights State School, Craigslea State School.
- Secondary School: Wavell State High School.
- Private Schools: Padua College (nearby in Kedron).
- Child Care Centres: 18 centres, including Chermside Early Education Centre and Guardian Childcare & Education Chermside.
Lifestyle and Amenities
Chermside is a lifestyle hub, offering:
- Shopping: Westfield Chermside, one of the largest shopping centres in Queensland.
- Parks: 7th Brigade Park and Marchant Park, popular for family outings and fitness.
- Recreational Facilities: Kedron-Wavell Services Club and Chermside Aquatic Centre.
Health and Wellbeing
Residents enjoy access to top healthcare facilities, including:
- Prince Charles Hospital
- St Vincent’s Private Hospital Northside.
- Local pharmacies and GP clinics.
- Community health initiatives promoting active lifestyles.
Community and Employment
Chermside’s community thrives on diversity and engagement:
- Employment Sectors: Retail, healthcare, and professional services dominate.
- Community Activities: Regular events at Chermside Library and 7th Brigade Park.
Recent and Planned Developments
- Chermside Urban Renewal Project:
- Purpose: Enhancing residential density and commercial opportunities.
- Impact: Increased housing options and local employment opportunities.
- Brisbane Metro Project:
- Purpose: Improved public transport connectivity to Brisbane CBD.
- Impact: Faster commute times for residents.
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
Metric | Value |
---|---|
Population | 12,387 |
Median House Price (2024) | $1,062,500 |
Median Rent (Houses) | $595/week |
Child Care Centres | 18 |
Distance to CBD | 10 km |
Brisbane Buyer’s Agent Introduction
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Conclusion: Why Choose Chermside?
Chermside’s blend of urban convenience, excellent amenities, and strong property market growth makes it a top choice for buyers and investors alike. With a dynamic community, proximity to Brisbane CBD, and a robust infrastructure pipeline, this suburb continues to appeal to families, professionals, and investors.
Ready to make Chermside your next destination? Contact us today to begin your journey!