This is Chermside suburb profile. Buying or renting a property is an important decision. It is also important to understand the suburb and understand the profile of the people living in it. This Chermside suburb profile will provide a general overview and pointers for aspiring renter, tenant, buyer or investor.
Chermside suburb profile and suburb overview
Chermside is a large and well know suburb within the Brisbane City Council area. The suburb is located in the Northern part of BCC. It is only 9 kilometres from Brisbane CBD. The postcode for Chermside in 4032 and it had a population of over 9,315 people. The split between males and females is 45.9% to 54.1%. This map is showing Chermside in Queensland.
Chermside suburb demographics
This report is good outline of Chermside demographics, ancestry breakdown of people living in the suburb. The report also shows the percentage of properties owned and tenanted in the suburb. It would show the percentage of people living in public housing and weekly household income.
Chermside ancestry profile
Chermside has a high percentage of Chinese population. Around 38.5% of people living in Chermside are of Chinese background. This is follows by English at 14.5%. People of Australian ancestry come third at 7.7%. It is notable that Chermside has a high Korean and Indian population as well.
Chermside public housing and tenant profile
This suburbs has a majority of people living in private housing. However, the percentage of public housing tenants is very low. Especially when compared to other Brisbane suburbs. Public housing in Chermside is below 0.5%. This means that under 0.5% of people tend to be in lower socio-economic background and qualify for subsidised housing.
A little over 16% of people in this suburbs own their houses outright, about 14% are paying their properties off and 66% are renting. We tend to like suburbs where the renter ratio doesn’t exceed 30%. Higher percentage of renters often suggests to us that the suburb is not desirable for owner occupiers.
Chermside age profile and income
Working age of population in Chermside is very young. Majority of people are in the 25-34 age bracket, the second largest age bracket is 35-44. From the wealth perspective Chermside is a balanced income suburb. Whereby over 32% of this suburb population earn less than $1,250 a week. This is followed by 21% earning less than $1,500 a week per household. Only about 5% of residents in the suburb earn in the top bracket.