Chermside secures Brisbane's cheapest weekend auction result

Chermside secures Brisbane's cheapest weekend auction result
Andrea DixonOct 13, 2014

The most affordable residential property to change hands at the Brisbane auctions last weekend was $350,000 in Chermside, 10 kilometres north of the riverside city.

The three-bedroom house at 621 Webster Road was on a large block of 632 square metres and sold through agent Burton & Ryan Property Agent, according to APM.      

The house was last traded in November 1976 for $32,250.

RP Data sets the median rental for a Chermside house at $388 per week.

The median house price for August this year was $470,000, down from the median house price of August 2013 of $560,000. 

The house shares its location with one of Queensland’s largest shopping centres - Westfield Chermside.