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Location

Market Insights for Chermside QLD 4032

New Listings (last 30 days)

Average price

$1,456,125

Lowest price

$950,000

Highest price

$3,000,000

63 Wallace Street, Chermside QLD 4032

Above $1,300,000

Search Band Search Visibility Band

$1.3M - $1.37M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 607 m²

Listed: 52 days ago

Updated: 18 days ago

Overview

This property offers a unique mixed-use opportunity within Chermside’s MU2 zoning, making it suitable for a broad range of residential and commercial ventures subject to council approval. The 607 square meter block situates a neat, highset home that combines immediate liveability with flexible future potential.

The home retains a traditional layout featuring three bedrooms and a separate sunroom, alongside defined lounge and dining spaces, catering for both comfort and practicality. The original kitchen is functional with a gas upright stove, and a bathroom offers a shower over the bath. Underneath, a fully concreted area encompasses laundry, workshop, and storage spaces, plus a single lock-up garage, presenting additional utility whether for hobbyists or as a rental asset.

Located just moments from Westfield Chermside and other local amenities like cinemas, libraries and parks, the property offers convenience and lifestyle benefits that appeal to developers, investors, and owner-occupiers. Proximity to multiple public transport options further enhances accessibility. The home’s current condition provides a solid platform for those seeking a live-in property with long-term growth prospects or redevelopment possibilities in a desirable Brisbane growth corridor.

Local Market Insights

In Chermside, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,456,125. The property type mix of listed properties is predominantly Apartments at 34%, followed by houses (31%), and units (21%). The most active agency for houses in the Chermside area is currently Belle Property, representing 25% of new listings, followed by Place with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.