Suburb Profile Report for Chester Hill NSW (2162)

Chester Hill House: Median price $800,000, Annual capital growth 8.27%, Number of sales 145, Weekly median advertised rent $500

Chester Hill Unit: Median price $507,775, Annual capital growth 7.43%, Number of sales 32, Weekly median advertised rent $435

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

Source: CoreLogic

  • House Report
  • Unit Report

Chester Hill has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.90% to date .

A 77.38% growth in median value for property investors in Chester Hill,2162 puts this suburb at number 1000th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -5.04% to buyers in Chester Hill at the moment, which is less than average for the rest of NSW.

In the last year 145 properties changed hands in Chester Hill, which puts it as the 130th most active market in NSW when comparing the number of sales per suburb.

Property value increases in Chester Hill have tracked just lower than the NSW average of 5.41% over the last 12 months.

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

Property investors looking for a bargain in Chester Hill should be aiming for at least -4.10% off the asking price, which is the average vendor discount being achieved at the moment.

At number 524 in a list of fastest selling suburbs, Chester Hill is in the TOP 40% of suburbs in Australia with an average of days on market 67.13 for properties listed there.

Renters in Suburb are facing rents around $5220 per annum or $435 every week.

HOUSE UNIT
$800,000 $507,775
0.00% 6.45%
3.90% -0.83%
8.27% 7.43%
$500 $435
145 32
3.25% 4.45%
75.79 67.13

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 11752
Median household income ($/weekly) 935
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    5-14 years 1647 14.0
    25-34 years 1454 12.4
    35-44 years 1508 12.8
    45-54 years 1613 13.7
    55-64 years 1247 10.6
    Others 4283 36.4
    Age Group
    Census Count Percent(%)
    Not Married 4263 48.5
    Registered Married 4170 47.5
    Defacto Relationship 348 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6439 57.1
    Croatia 355 3.1
    Malaysia 767 6.8
    Viet Nam 1194 10.6
    Other 793 7.0
    Others 1731 15.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 1458 13.1
    Christianity 6050 54.3
    Hinduism 75 0.7
    Islam 2452 22.0
    No Religion 1052 9.4
    Others 54 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 343 10.0
    $400-$599 444 13.0
    $600-$799 409 12.0
    $1,000-$1,249 304 8.9
    $1,500-$1,999 370 10.8
    Others 1549 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4207 47.5
    Employed, worked full-time 2752 31.1
    Employed, worked part-time 1165 13.2
    Unemployed, looking for work 445 5.0
    Employed, away from work 289 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 602 14.3
    Technicians & trades workers 650 15.5
    Clerical & administrative workers 791 18.8
    Machinery operators & drivers 485 11.5
    Labourers 497 11.8
    Others 1181 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 184 6.3
    Infants/Primary 991 33.7
    Secondary 899 30.5
    Technical or Further Educational Institution 344 11.7
    University or other Tertiary Institutions 436 14.8
    Others 90 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9363 82.0
    Semi-detached, row or terrace house, townhouse 1481 13.0
    Flat, unit or apartment 540 4.7
    Improvised home, tent, sleepers out 21 0.2
    House or flat attached to a shop, office 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1333 36.0
    Fully owned 1192 32.2
    Being purchased 1153 31.2
    Other tenure type 22 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals