Suburb Profile Report for Chatswood NSW (2067)

Chatswood House: Median price $2,384,000, Annual capital growth 10.88%, Number of sales 144, Weekly median advertised rent $950

Chatswood Unit: Median price $920,000, Annual capital growth 6.77%, Number of sales 358, Weekly median advertised rent $630

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 318th in the list of Australian suburbs ordered by increase in median house value over the last year, Chatswood, 2067 is in the top 10% with a property value increase of 18.02% recorded in median house prices.

Across a shorter period, Chatswood, 2067 has seen a median price increase of 9.61% over the last quarter.

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 531th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 12.00 sales per month, which equates to 144 per year.

Chatswood is an average performer in NSW when comparing median price capital growth over the last year. Chatswood gave property investors a average capital gain figure when compared to the rest of the state, with 6.91%.

Chatswood,2067 was ranked 932 in Australia by increase in median property value over the quarter.

Property buyers and investors in Chatswood 2067 should be seeing an average reduction in asking price of around -4.42% . This means that Chatswood is holding prices well when compared to other 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 55.91 days.

A $630 per week rent on the median house gives suburb investors a gross yield of circa 3.56%, without taking into account capital value appreciation, which has been averaging out at 6.77%.

HOUSE UNIT
$2,384,000 $920,000
9.61% 0.00%
18.02% 6.91%
10.88% 6.77%
$950 $630
144 358
2.07% 3.56%
90.46 55.91

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
Find a mortgage broker in Chatswood NSW
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
Chart Table
Recent sales & rentals