63/107 Kittyhawk Drive, Chermside QLD 4032

63/107 Kittyhawk Drive, Chermside QLD 4032
Nature’s Edge complex | park-adjacent | Westfield walkable | modern secure stock | premium Chermside pocket The property is positioned within a modern, secure apartment complex on the parkland edge of Chermside, where a lifestyle package is offered that is uncommon in the area. The complex is known for quality finishes, generous balcony space and open outlooks that will not be built out. The location, a short walk from Westfield, the aquatic centre and Kedron Wavell Services Club, has a genuine green edge. It best suits downsizers, professional couples and investors seeking a low-maintenance unit that behaves like a house in terms of parking, storage and amenity. Strong buyer interest has been shown at the premium end of this building. Value may be influenced by the exact position of unit 63, and whether a parkland aspect is delivered or a more inward-facing outlook is presented. The complex also includes smaller two-bedroom layouts, so floor level, balcony proportion and fit-out quality may be closely examined when a price is formed. Flood-overlay sensitivity might be considered by lenders and insurers. >> Comparable Sales: 77/107 Kittyhawk Drive sold $520,000 in Apr 2022, 113 sqm 2-bed, 2-car | Property Price Band: $800K-$900K | Value Drivers: modern condition, park aspect, secure parking allocation
Detailed Independent Property Report prepared  by PropCred Analyst team for 63/107 Kittyhawk Drive, Chermside QLD 4032
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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Market Insight

Chermside is positioned as a high-density suburban hub, with 11,409 residents predominantly singles renting apartments, and clerical and administrative workers forming the core buyer cohort. Houses are transacting around a $1.2 million median, with annual growth ranging from 15.79% to 23.4% across recent sources; units sit near $830,000, showing 13.8%–24.4% growth. Market conditions are tight: houses sell in 18 days, units in 16, with 251 units traded over the past year. Demand is underpinned by rental momentum, house rents up 10% to $660 weekly and units up 5.2% to $610, while unit yields near 4.5% attract investors. Future growth is supported by Brisbane City Council’s continued push for high-density residential and commercial development, plus the refurbished Chermside shopping centre. The primary constraint is affordability, given house prices have outpaced yield outcomes at 2.7%–3.25% gross, leaving limited near-term correction buffer.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1013m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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