Buyers Agent Chermside West

Buying Investment Property in Chermside West

About 11 kilometres north of the Brisbane CBD is Chermside West. Despite being largely surrounded by suburbia, it boasts easy access to some wonderful green spaces. Downfall Creek is surrounded by parklands and runs through the middle of the suburb, ending at the Downfall Creek Bushland Centre. Bordering the west end of the suburb is Chermside Hills Reserve which has hiking paths, an off-lead dog area, playground and scenic lookout with views of the city. Just five minutes down the road there’s also the much larger Bunyaville Conservation Park.

The good news for investors is that there are many amenities and services around Chermside West that prospective tenants or home buyers may find enticing. There are recreational facilities for the whole family including the green spaces mentioned earlier, the sports fields and clubs at John Goss Reserve and the Aquatic Center and Water Park in neighbouring Chermside. For shopping, the immense Westfield Chermside shopping centre is only a few minutes drive away.

In terms of education, there are public and private educational institutes that provide early childhood education all the way up to secondary college including Craigslea State High School and Craigslea State School. The closest higher education institutions are the Australian Catholic University, The University of Queensland Herston Campus and TAFE Queensland Grovely Campus. Receiving healthcare services is easy for Chermside West residents as the Prince Charles Hospital borders the west end of the suburb. It has an emergency department and is surrounded by a range of specialist clinics.

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Our Buyers Agent Team

Luke and Julian each have over 20 years of property investment experience.

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About the Beenleigh Property Market

Location and convenience have historically made Chermside West a popular location for investors. It’s close to major employment hubs, has easy access to amenities, is close to major health facilities and offers natural spaces that are a quiet retreat for residents. There’s been times when it’s been one of the fastest selling suburbs in Brisbane.

Knowing the key demographics of a suburb can be helpful in understanding who wants to live in a certain area. In Chermside West there is a fairly even spread among the age groups. This suggests it’s a place that appeals to people in all stages of life including young families, empty nesters and retirees. More people than the state and national levels have completed university degrees and a majority of people work full or part time, with a slightly higher household income than average. That can be an indicator that Chermside West is a more affluent suburb.

Over 90% of the homes in Chermside West are separate houses with a very limited number of flats and apartments. Looking at how the dwellings are structured, around 95% of what’s been built has 3 or more bedrooms, appealing to people who are looking for larger homes.

While most residents of Chermside West own their property either outright or with a mortgage, there’s still a significant minority that rent. This could create opportunities for investors who are looking for a rental property, especially since the weekly rental payments are above the Queensland median payment.

Our Process

Investigating the location and figuring out the economic viability and potential returns of property is a crucial phase in the real estate investment process. Analysing past and present trends in the suburbs property market and predicting future movement should be part of this. If Chermside West has caught your attention enough that you want to seriously look at investing there, it’s a good idea to speak with an experienced real estate expert who can help you navigate the process.

At Search Party Property we have knowledgeable buyers agents who can assist you in developing your property investment portfolio. Together you can discuss the results of suburb analysis, choose and investigate potential investment properties and implement strategies to maximise your return on investment.

When making the next move to expand your real estate investment portfolio, gain professional advice from Search Party Property and feel confident knowing you have an experienced buyers agent on your team. Lets discuss your investment goals and contact us today.