Suburb Profile Report for Chatswood West NSW (2067)

Chatswood West House: Median price $1,729,000, Annual capital growth 8.43%, Number of sales 27, Weekly median advertised rent $725

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Chatswood West, 2067 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.78%

When looking at the potential capital gains offered to property investors over the last 3 years, Chatswood West comes in at number 266th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Chatswood West itself are offering an average vendor discount of -12.48% to real estate investors.

At number 3392 in a list of fastest selling suburbs, Chatswood West is in the bottom 20% of suburbs in Australia with an average of days on market 131.21 for properties listed there.

Using the current median advertised rental of $725 and the average annual increase in value of a median property of 8.43%, investors should hope to achieve an overall return of 2.18%

HOUSE UNIT
$1,729,000 N/A
3.53% N/A
9.78% N/A
8.43% N/A
$725 N/A
27 N/A
2.18% N/A
131.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 1426
Median household income ($/weekly) 2503
Median age of persons 41
Median housing loan repayment ($/monthly) 3400
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 192 13.5
    25-34 years 127 8.9
    35-44 years 241 16.9
    45-54 years 220 15.4
    55-64 years 169 11.9
    Others 477 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 657 62.7
    Not Married 325 31.0
    Defacto Relationship 66 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 883 64.4
    Croatia 63 4.6
    Papua New Guinea 42 3.1
    United Kingdom 96 7.0
    Other 90 6.6
    Others 197 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 2.7
    Christianity 848 63.2
    Islam 20 1.5
    Judaism 25 1.9
    No Religion 394 29.4
    Others 19 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 34 8.0
    $2,000-$2,499 35 8.3
    $2,500-$2,999 76 18.0
    $3,000-$3,499 46 10.9
    $4,000 or more 72 17.0
    Others 160 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 424 39.0
    Not in the labour force 358 32.9
    Employed, worked part-time 232 21.3
    Employed, away from work 45 4.1
    Unemployed, looking for work 29 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 18.2
    Professionals 285 40.6
    Technicians & trades workers 46 6.6
    Clerical & administrative workers 104 14.8
    Sales 54 7.7
    Others 85 12.1
    Occupation
    Census Count Percent(%)
    Pre-school 24 6.9
    Infants/Primary 118 34.1
    Secondary 103 29.8
    Technical or Further Educational Institution 18 5.2
    University or other Tertiary Institutions 75 21.7
    Others 8 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1342 99.3
    Semi-detached, row or terrace house, townhouse 9 0.7
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 201 42.5
    Being purchased 183 38.7
    Rented 85 18.0
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals