Suburb Profile Report for Chippendale NSW (2008)

Chippendale House: Median price $1,330,000, Annual capital growth 9.30%, Number of sales 14, Weekly median advertised rent $760

Chippendale Unit: Median price $790,000, Annual capital growth 9.35%, Number of sales 151, Weekly median advertised rent $583

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Chippendale is in the bottom 30% in NSW when comparing median price capital growth over the last year. Chippendale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.99%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chippendale has increased when compared to the 5 year average annual rate.

On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.

Situated 2.36km from the CBD, Chippendale is one of Sydney localities in the postcode 2008.

Chippendale is in the TOP 20% in NSW when comparing median price capital growth over the last year. Chippendale gave property investors a very good capital gain figure when compared to the rest of the state, with 16.30%.

Chippendale,2008 was ranked 1162 in Australia by increase in median property value over the quarter.

At number 203th of NSW’s most discounted properties, Chippendale is in the middle of the state/territory when listing in order of most discounted to least.

In the last year 151 properties changed hands in Chippendale, which puts it as the 88th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Chippendale, 2008 is in the Sydney local government area.

HOUSE UNIT
$1,330,000 $790,000
-7.32% -0.94%
0.99% 16.30%
9.30% 9.35%
$760 $583
14 151
2.97% 3.83%
N/A 73.01

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4056
Median household income ($/weekly) 1371
Median age of persons 29
Median housing loan repayment ($/monthly) 2167
Average household size 2
  • Census Count Percent(%)
    20-24 years 858 21.2
    25-34 years 1623 40.0
    35-44 years 555 13.7
    45-54 years 345 8.5
    55-64 years 243 6.0
    Others 432 10.7
    Age Group
    Census Count Percent(%)
    Not Married 2032 64.1
    Defacto Relationship 609 19.2
    Registered Married 531 16.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1554 44.4
    Croatia 432 12.3
    Papua New Guinea 132 3.8
    United Kingdom 168 4.8
    Other 330 9.4
    Others 884 25.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 312 9.4
    Christianity 1137 34.2
    Hinduism 108 3.2
    Islam 74 2.2
    No Religion 1652 49.7
    Others 42 1.3
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 115 7.2
    $1,000-$1,249 142 8.9
    $1,250-$1,499 137 8.6
    $1,500-$1,999 226 14.2
    $2,500-$2,999 170 10.7
    Others 806 50.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1613 47.7
    Not in the labour force 821 24.3
    Employed, worked part-time 632 18.7
    Unemployed, looking for work 207 6.1
    Employed, away from work 108 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 297 12.6
    Professionals 943 40.0
    Community & personal service workers 203 8.6
    Clerical & administrative workers 336 14.3
    Sales 222 9.4
    Others 354 15.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 47 4.0
    Secondary 24 2.0
    Technical or Further Educational Institution 188 15.8
    University or other Tertiary Institutions 836 70.3
    Other type of educational institution 84 7.1
    Others 10 0.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2465 73.3
    Semi-detached, row or terrace house, townhouse 797 23.7
    Separate house 88 2.6
    House or flat attached to a shop, office 14 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1189 69.9
    Being purchased 357 21.0
    Fully owned 148 8.7
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals