5/22 Western Avenue, Chermside QLD 4032

Boutique block, nine residences | Strong school catchment | 80m², two-bathroom layout | Tightly held, low turnover complex This property occupies a defensible position in Chermside’s apartment market. The boutique complex of only nine residences is a structural advantage: smaller blocks typically attract more owner-occupiers, which supports both capital stability and a higher standard of common-area upkeep. The 2-bedroom, 2-bathroom configuration with one car space is the most liquid floorplan in this suburb, and the Craigslea school catchment adds a layer of demand from families who might otherwise overlook apartments. For an investor or a downsizer seeking low-maintenance exposure to a well-serviced northern hub, this unit offers a tighter, more controlled holding than a larger development. The principal risk is the 80m² internal area. In a market where buyers increasingly value separate study nooks or larger living zones, this floorplan may face a narrower pool of future purchasers. The small complex also means any special levy or building defect would fall across only nine owners, amplifying per-unit cost exposure. The opportunity lies in presentation: a well-finished interior could push the property toward the upper end of the comparable range, while a tired one would anchor it at the lower. FTTP broadband is a supporting value add for remote workers.