Back 5/56 Wallace Street
Off Market

5/56 Wallace Street

Chermside QLD 4032

3
2
1
116 sq.
Unit
Daniel WatersDaniel Waters, last sold this property on 03 June 2025 after 8 days on market.

Overview

Lifestyle Perfection - Modern 3 Bed Apartment with Garage

Occupying an enviable, north/east facing, top-level position, within a small contemporary complex, this beautifully finished and light filled apartment offers absolute lifestyle perfection. With recently upgraded paintwork, carpet and lighting, this apartment is seriously impressive and will appeal to a buyer seeking a home they can simply move into or rent out without any work required. Offering a wonderful floorplan that includes a large well-appointed Caesarstone kitchen, 3 sizeable bedrooms, 2 bathrooms and a spacious living/dining area which flows out to a wide balcony that captures some city glimpses. Buyers seeking storage and vehicle accommodation will appreciate how rare it is to find an apartment with a remote lock-up garage. This elevated pocket of Chermside closely adjoins the Prince Charles and St Vincent Hospital precinct and is positioned just 9km from the Brisbane CBD. The apartment is within 5 minutes of Westfield Chermside Shopping Centre. The Westfield Chermside Shopping Centre provides arguably the best shopping, cinema and restaurant precinct in Brisbane. Being a family friendly location, there are a variety of excellent private and public schools within a short proximity of the complex. Reliable bus transport is available within walking distance and the Airportlink/Clem7 tunnels are located 10 minutes away and provide a direct link to the Airport, City Fringe and Brisbane southside. Well priced, well situated & exceptionally appointed apartments like this rarely become available! Act fast� Special Features include - � Positioned on the top level of a small contemporary complex of 6 apartments. Offering an enviable north/east facing position, which captures plenty of natural light. � Neutral paint work and recently replaced carpet and lighting provide a lovely 1st impression � Spacious open plan living/dining area � A large south facing balcony extends from the living area and is ideal for outdoor dining and relaxation � A large well-appointed Caesarstone kitchen with breakfast bar, an electric cook top, oven, dishwasher and an abundance of bench space and storage � 3 decent sized bedrooms, all with built-in wardrobes; Master with ensuite. Bedroom 2 includes a private balcony. � The main bathroom includes a modern vanity and shower over bath � Secure remote lock-up garage � Cool all year round with air-conditioning, fans and the ideal aspect � Offering reasonable body corporate fees and a huge potential market rent in the vicinity of $650-700 per week � A super central location; closely adjoining the hospital precinct and just a distance to Westfield Chermside, which offers the best in retail, restaurants and movies. Regular public transport operates close by. You will appreciate all the extras that this beautiful opportunity offers you at the right price. With absolutely nothing to do but enjoy, simply move straight in or rent straight out. An inspection is guaranteed to impress & entice - be the first to avoid disappointment! For further information or to arrange your inspection, please contact DANIEL WATERS. QUICK FACTS: Year Built: Circa 2007 Units in Complex: 6 Aspect: North/East/South (this is a corner unit with 3 frontages, which maximises natural light) Council Rates: $506.70 per Qtr Rental Appraisal: $650.00 - $700.00 P/W School Catchments: Wavell Heights State School, Wavell State High School

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
116 sq. floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Chermside over the last 12 months, the estimated median property value of 5/56 Wallace Street is $860k.

Median value
$860k
Estimated value range
$740k - $1.3m
Median days on market
58
Estimated value trend
15%
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 5/56 Wallace Street

2025
Rented
Undisclosed
Leased on 30 Jun 2025 by LJ Hooker Aspley/Chermside
2025
Sold
Undisclosed
03 Jun 2025 by Daniel Waters, of LJ Hooker Aspley/Chermside
2024
Rented
Undisclosed
Leased on 11 Apr 2024 by LJ Hooker Aspley/Chermside

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 3 bedroom units in Chermside

In the last 12 months, 12 three-bedroom units similar to 5/56 Wallace Street, have been sold.

This represents a 34% increase in three-bedroom units 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent