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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Chermside QLD 4032
New Listings (last 30 days)
8
Average price
$1,456,125
Lowest price
$950,000
Highest price
$3,000,000
Other properties in this postcode

8 Ballantine Street, Chermside QLD 4032

Best Offers By Tuesday, 27th October At 3:00PM

House 3 Beds 1 Bath 1 Car 647 m²
Listed: 2 days ago
Overview

Situated in the highly sought-after suburb of Chermside, this 647 square metre parcel of land features an existing three-bedroom post-war home that blends traditional charm with practical living spaces. The property is positioned on a predominantly flat block offering a generous frontage of approximately 16 metres and a depth of around 40.2 metres, providing a substantial footprint and multiple redevelopment opportunities under the LMR2 Low-Medium Residential zoning.

The residence currently functions as a comfortable family home with multiple living areas and secure rear garage parking, supported by a sizable backyard perfect for private outdoor activities or future landscaping. Its strategic placement offers excellent connectivity to major amenities including Westfield Chermside shopping centre, public transport options, aquatic facilities, parks, and bikeways, making day-to-day living convenient and enriching.

A standout feature of this property is the significant preparatory work already undertaken to unlock its development potential. Prospective buyers can access architectural plans, consultant reports, and preliminary designs that envision three two-level townhouses with generous living areas and private outdoor spaces, offering an advantageous head start for developers or investors looking to capitalize on this thriving location.

This opportunity is particularly appealing to developers seeking a well-located site with existing approvals groundwork, as well as families or investors considering a dual approach of holding the current home while exploring future redevelopment options. The property also resides within the catchment of reputable education institutions such as Wavell Heights State School and Wavell State High School, adding to its residential desirability.

  • Substantial 647m² site with LMR2 zoning, opening development potential
  • Existing three-bedroom home with multiple living areas and secure parking
  • Extensive preliminary concept plans for three spacious two-level townhouses
  • Close proximity to major shopping, transport, parks, and recreational facilities
  • Situated within sought-after school catchments providing family appeal

This property represents a solid combination of lifestyle advantage and future planning capability in an ever-popular suburb, suited for those aiming to secure a strategic holding or embark on a considered redevelopment project.

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.