Suburb Profile Report for Chatswood NSW (2067)

Chatswood House: Median price $2,400,000, Annual capital growth 10.75%, Number of sales 144, Weekly median advertised rent $950

Chatswood Unit: Median price $930,000, Annual capital growth 6.90%, Number of sales 365, Weekly median advertised rent $630

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 7.28% which means that Chatswood, 2067 has done well for property investors by showing a capital gain of 18.81% over the last year

While Chatswood,2067 ranked number 86th in NSW for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Chatswood is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 642th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Chatswood the average time real estate has been on the market is 87.44 days.

Property value increases in Chatswood have tracked just higher than the NSW average of 5.73% over the last 12 months.

Chatswood,2067 was ranked 718 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Chatswood are currently offering property investors an average price cut of -4.67% below the asking price at the moment.

Metrics i HOUSE UNIT
$2,400,000 $930,000
10.34% 1.09%
18.81% 7.76%
10.75% 6.90%
$950 $630
144 365
2.06% 3.52%
87.44 55.91

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 21194
Median household income ($/weekly) 1616
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1975 9.3
    25-34 years 4175 19.7
    35-44 years 3333 15.7
    45-54 years 2655 12.5
    55-64 years 2114 10.0
    Others 6942 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 7949 49.4
    Not Married 7172 44.6
    Defacto Relationship 974 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7851 39.6
    Croatia 2888 14.6
    India 1148 5.8
    Lebanon 1642 8.3
    Other 1657 8.4
    Others 4649 23.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1599 8.4
    Christianity 9783 51.3
    Hinduism 498 2.6
    Islam 240 1.3
    No Religion 6608 34.7
    Others 341 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 518 7.3
    $1,500-$1,999 877 12.4
    $2,000-$2,499 503 7.1
    $2,500-$2,999 1049 14.8
    $4,000 or more 578 8.2
    Others 3547 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6727 40.2
    Not in the labour force 6011 35.9
    Employed, worked part-time 2800 16.7
    Unemployed, looking for work 660 3.9
    Employed, away from work 523 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1612 16.0
    Professionals 3813 37.9
    Technicians & trades workers 828 8.2
    Clerical & administrative workers 1417 14.1
    Sales 796 7.9
    Others 1582 15.7
    Occupation
    Census Count Percent(%)
    Pre-school 350 6.4
    Infants/Primary 1262 23.2
    Secondary 1210 22.3
    Technical or Further Educational Institution 495 9.1
    University or other Tertiary Institutions 1844 34.0
    Others 269 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 10222 52.5
    Separate house 8143 41.8
    Semi-detached, row or terrace house, townhouse 1094 5.6
    House or flat attached to a shop, office 23 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3271 42.7
    Fully owned 2414 31.5
    Being purchased 1912 24.9
    Other tenure type 67 0.9
    Tenure Type
Census 2011, ABS
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