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Back 5/31 Rainey St
Off Market

5/31 Rainey St

Chermside QLD 4032

2
2
2
0 m²
Apartment
Last sold for $851,000
Adrian KirwanAdrian Kirwan, last sold this property on 18 November 2025 after 19 days on market.

Overview

Your First Home Dream Starts Here – 5/31 Rainey Street, Chermside

Imagine stepping into your very first home – a spacious, ground-floor apartment that ticks every box for the savvy first home buyer. Welcome to 5/31 Rainey Street, Chermside, where convenience meets quality in one of Brisbane's most connected suburbs. What Makes This Your Perfect First Home? This isn't just another apartment – it's a thoughtfully designed 2-bedroom, 2-bathroom residence that offers the space, privacy, and lifestyle you've been searching for. Smart, flowing layout – From your private entry through to the open-plan living and dining, this home feels spacious and welcoming. The layout makes entertaining friends or simply relaxing after work an absolute pleasure. Your own outdoor retreat – Step out to your private courtyard – perfect for morning coffee, weekend BBQs, or unwinding with a book. It's your own slice of outdoor living without the maintenance headaches of a traditional house. Privacy by design – The bedrooms sit at opposite ends of the apartment, giving you and guests (or a home office setup) genuine separation. Plus, being tucked at the rear of a boutique 5-apartment complex means peace and quiet. A kitchen you'll actually want to cook in – Quality appliances, gas cooktop, and an open design mean you can cook up a storm while still chatting with family or friends in the living area. Master suite sanctuary – Your master bedroom comes with a walk-in wardrobe, private ensuite, and split-system air conditioning. It's your personal retreat at the end of each day. Double the parking, double the convenience – Two separate single lock-up garages with remotes mean secure parking for both cars (or one car plus loads of storage). Visitor parking is also available for when friends drop by. Location That Works For Your Life First home buyers love this address because everything you need is right here: ✓ Bus stop at your doorstep – leave the car at home ✓ Local coffee shop for your morning fix ✓ Westfield Chermside just minutes away for shopping and dining ✓ Quick access to Gympie Road, Airport Link Tunnel, and Prince Charles Hospital ✓ Connected to the city and everything Brisbane has to offer The Numbers That Matter Body Corporate: Approximately $1,300 per quarter (covers building insurance and common area maintenance) First Home Buyer Friendly: Potentially eligible for government grants and stamp duty concessions Act Now? Ground-floor apartments with these features in Chermside are like gold dust – they're rarely available and highly sought after by first home buyers who want easy access, and that connection to outdoor space. This one won't last long. If you've been waiting for the right property to start your home ownership journey, this is it. Quality, convenience, and a lifestyle you'll love – all in one smart package. Contact Adrian Kirwan today to arrange your private inspection. Let's turn your first home dream into your new address.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Chermside over the last 12 months, the estimated median property value of 5/31 Rainey St is $770k.

Median value
$770k
Estimated value range
$596k - $1.1m
Median days on market
17
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chermside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/31 Rainey St

2025
Sold
$851,000
Private Sale/Treaty on 18 Nov 2025 by Adrian Kirwan, of Adrian Kirwan Real Estate
2022
Sold
$492,500
Private Sale/Treaty on 29 Nov 2022 by Tony Aspinall, of LJ Hooker Aspley/Chermside
2020
Rented
Undisclosed
Leased on 15 Dec 2020

Happy sellers in Chermside

93%
93% of sellers in Chermside reported that their sale price either exceeded or met their price expectations.

Chermside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Chermside over the last 12 months.

Local market activity for 2 bedroom apartments in Chermside

In the last 12 months, 86 two-bedroom apartments similar to 5/31 Rainey St, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chermside

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Peter Robertson

Sellers who recommend Peter Robertson have praised them for being local expert, clear communication, honest, responsive, great negotiation, reliable and supportive

  •   4.9   (127 reviews)
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  •  41 Sales in Chermside
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Cara Bergmann

Sellers who recommend Cara Bergmann have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and honest

  •   4.9   (1575 reviews)
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  •  4 Sales in Chermside
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Daniel Hooper

Sellers who recommend Daniel Hooper have praised them for being clear communication, local expert, responsive, honest, great negotiation, hard-working and well-prepared

  •   5   (224 reviews)
  •  4 Reviews in Chermside
  •  5 Sales in Chermside
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Emily Magee

Emily Magee is a recommended agent for Chermside.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (46 reviews)
  •  4 Reviews in Chermside
  •  3 Sales in Chermside
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