664 Hamilton Road, Chermside West QLD 4032
664 Hamilton Road, Chermside West QLD 4032
Post-war elevated house | Generous family block | Craigslea school catchments | Renovation upside | Chermside corridor convenience
This house is a solid post-war family dwelling on a generous Hamilton Road allotment, positioned within the Craigslea school catchments. The layout is oriented toward family living, with room to update, extend, or redevelop. Everyday convenience is reinforced by proximity to Westfield Chermside, Prince Charles Hospital, and bus transport. A liveable starting point is provided by the elevated form and fully fenced yard, while the land is expected to hold the majority of long-term value. For a buyer comfortable with original finishes, a sensible entry into a well-located, house-dominant pocket of Brisbane’s north is presented here.
The eventual price may be influenced by the condition of the original structure, particularly the roof and frame. Land size and zoning should also be weighed, as larger lots might attract builder-buyer competition. Presentation, including kitchen and bathroom quality, is the deciding factor between a move-in-ready purchase and deeper renovation. These points should be weighed against the school catchment.
Detailed Independent Property Report prepared by PropCred Analyst team for 664 Hamilton Road, Chermside West QLD 4032
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Chermside West’s house market is tight: median price $1,231,500, up 13.5% annually, with 89 sales in the past year and a typical 10-day selling period. Demand is led by middle-to-upper-middle-income buyers, with owner-occupiers and investors drawn to $750 weekly rents and a 3.34% gross yield. Supply is scarce—only 9 listings last month—while proximity to Brisbane’s major transport routes sustains interest. Recent sales like 16 Knutsford Street at $1,246,000 underline strength in family-sized homes. Key risks are affordability and rate sensitivity: a $1.2 million median strains buyers, 48% of owners hold mortgages, and yields remain modest against borrowing costs.
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PropCred Estimated Value
Comparable Sales: 634 Hamilton Road 3 bed 610 m² sold Dec 2021 approx $890k; 578 Hamilton Road 4 bed 559 m² sold approx $930k | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, school catchment, renovation condition
Bedrooms
3
Bathroom
1
Parking
2
Land
605m²
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