6 Mylne Street, Chermside QLD 4032

Renovated post-war house | 665sqm in Chermside pocket | 4-car parking rare | strong school catchment The property’s strongest buying case is its configuration: a fully renovated post-war house on a 665sqm lot with four car spaces is uncommon in Chermside’s family belt. The 150sqm floorplan with two bathrooms suits a household that values immediate move-in condition over renovation risk. Its positioning near Wavell Heights State School and Wavell State High School, both within 1.3km, gives it a structural advantage for buyers prioritising school catchments. The street’s 70% owner-occupancy and 14-day average days on market for three-bedroom houses signal stable demand and low turnover friction. This property serves best a family or investor seeking a low-maintenance hold in a quiet pocket with above-average parking capacity. The risk is the conflicting bathroom count in historical data, which may indicate a partial renovation or data lag—this costs the buyer due diligence time and potential renegotiation leverage. The 30% rental composition on Mylne Street is moderate but not excessive; it does not erode owner-occupier appeal. The opportunity lies in the 665sqm lot size, which offers future subdivision or extension optionality without immediate pressure to act. The property’s post-war construction with modern finishes means capital expenditure is deferred for at least five years. Hold for steady capital growth driven by school demand and limited supply of similar lots in the immediate area; do not overpay for the renovation premium.