1/73 Ethel Street, Chermside QLD 4032

1/73 Ethel Street, Chermside QLD 4032
3 bed | 2 bath | 110 sqm | no shared walls | leafy north-south aspect | premium townhouse in Chermside This townhouse is competitively positioned in Chermside because it offers a detached feel within a strata complex. The no-shared-walls layout, north-south aspect, and leafy outlooks are rare for a townhouse at this price point, giving it the privacy and light of a standalone house. With three bedrooms, two bathrooms, a contemporary kitchen, and multiple outdoor areas, it suits owner-occupiers like downsizers or professionals who value modern finishes and low-maintenance living near major retail and transport. The 110 sqm internal area is generous for the suburb, and the strong rental signal from a comparable in the same building suggests it also appeals to investors targeting premium yields. The reported 620 sqm lot likely covers the entire complex, so the individual townhouse may have limited land value, which could affect long-term capital growth compared to a house. The absence of a confirmed build year means its age and depreciation benefits are uncertain, though listing language suggests a refreshed interior. The historical 2009 sale price of $415,000 is too dated to guide current value, and the only recent comparableโ€”a 2025 sale in the same complex at $950,000โ€”may set a reference point, but differences in condition or floor level could shift that baseline. Body corporate fees are not disclosed, and they might impact affordability for some buyers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/73 Ethel Street, Chermside QLD 4032
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Market Insight:

Chermside is a high-density, transit-oriented suburb undergoing significant urban renewal, attracting a predominantly single, renting demographic. Demand is driven by its vibrant lifestyle and strategic location, with strong investor activity evident in the rapid sales of units. The market exhibits robust price growth across both houses and units, supported by tight rental conditions and rising yields. Future growth is underpinned by council-backed plans for continued commercial and residential densification, though this development focus may present long-term supply and affordability considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

620mยฒ

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