706/20 Curwen Terrace, Chermside QLD 4032
706/20 Curwen Terrace, Chermside QLD 4032
3-bedroom apartment with dual parking | Larger than typical Chermside stock | Modern build with premium finishes | Flood overlay present in precinct | Owner-occupier oriented configuration
This property stands out in Chermside for its size and configuration, offering a 157-square-metre floorplan with three bedrooms, two bathrooms, and two secure car spaces. It was built in 2022 and includes stone benchtops, quality appliances, and timber-look flooring, making it larger and newer than much of the older apartment stock in the suburb. The dual parking is a notable differentiator, as it appeals strongly to owner-occupiers such as downsizers, small families, or professionals who value space and convenience. Its location near Westfield Chermside, the hospital precinct, and major transport links supports strong demand from buyers seeking a low-maintenance home in an amenity-rich urban fringe centre.
The presence of a flood overlay in the broader Curwen Terrace precinct may be a factor worth exploring, as it could influence insurance costs or resale perceptions for some buyers. The exact floor level of this apartment is not confirmed, but the unit numbering suggests a higher-level position, which may affect light, views, and desirability. The building’s exact completion year varies across records, so the precise age and any related defect liability period should be verified. These elements may shape how the property is valued relative to similar offerings in the area, but they do not diminish its core strengths.
Detailed Independent Property Report prepared by PropCred Analyst team for 706/20 Curwen Terrace, Chermside QLD 4032
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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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
2
Land
168m²
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