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ABS 2021 Census · Updated 21 May 2026
Chermside is a well-established middle-ring suburb of Brisbane, Australia, with a population of approximately 11,426, making it a smaller community. Located approximately 9 km from the Brisbane CBD, Chermside is a middle ring area in Queensland. The median household income is $73,788 per year.
Moderate income levels in Chermside indicate steady rental demand from working households. Close CBD access strengthens tenant appeal and resale value.
Official Australia Post postcode for Chermside. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 3 schools within or near this suburb.
Find schools near Chermside on My School →Estimated 5 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
With 11,426 residents, Chermside is one of Queensland's more populous suburbs — roughly 2.1× the state median of 5,474 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $73,788/year is 18% below the Queensland median of $90,298, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $370 equates to $1,603/month — about 95% of the median mortgage repayment of $1,690/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 9 km from the Brisbane CBD, Chermside sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 20% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 26% of household income — a useful sanity check on tenant affordability.
How Chermside stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Chermside sits above the state median; negative means below.
| Metric | Chermside | QLD median | Δ vs state |
|---|---|---|---|
| Population | 11,426 | 5,474 | +109% |
| Median household income | $73,788/yr | $90,298/yr | -18% |
| Median rent (weekly) | $370 | $385 | -4% |
| Median mortgage (monthly) | $1,690 | $1,733 | -2% |
| Distance to CBD | 9 km | 62 km | -85% |
| Separate houses | 20% | 77% | -57pp |
Pre-inspection briefing for Chermside — every item is derived from public datasets, with full citations in our data sources page.
Moderate buy-and-hold potential: Chermside's 11,426-person market and $73,788 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage: $370/week (~$1,603/month) covers 95% of the $1,690/month median mortgage repayment, so the shortfall sits at just $87/month. Investors targeting positive cash flow should shortlist this suburb.
Only 20% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Chermside property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Chermside are modest for 2026 — incomes 18% below the QLD median of $90,298 suggest gains will lag headline metro markets. Rental coverage runs at ~95% of the typical mortgage ($1,603/month rent vs $1,690/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 63/100 places Chermside in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Chermside scores 63/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 11,426, median household income of $73,788/year and median weekly rent of $370. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Chermside are proximity to Brisbane (9 km), a median household income of $73,788/year, a dwelling mix that is 20% separate houses, roughly 3 schools and 5 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Chermside has a usual resident population of approximately 11,426, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Chermside sits 9 km straight-line from the Brisbane CBD. This is inner-ring territory — pricing competes directly with established Brisbane employment nodes.
The most recent census recorded a median weekly rent of $370 in Chermside, equating to approximately $19,240/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Chermside is $1,690, or approximately $20,280/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $370 works out to $1,603/month, covering 95% of the median mortgage repayment of $1,690/month. That leaves a $87/month shortfall (around $1,044/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,690 median mortgage, below-median household incomes ($73,788 vs $90,298 state median), a unit-heavy dwelling mix (20% houses) where body-corporate costs and apartment supply affect resale, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.