Suburb Profile Report for Chester Hill NSW (2162)

Chester Hill House: Median price $830,000, Annual capital growth 8.97%, Number of sales 158, Weekly median advertised rent $500

Chester Hill Unit: Median price $530,000, Annual capital growth 8.48%, Number of sales 36, Weekly median advertised rent $438

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Chester Hill, 2162 should be ok 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 6.41%

While Chester Hill,2162 ranked number 755th in NSW for increase in median house value (annualised) increase, it is ranked 241th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Chester Hill is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 521th in terms of most discounted suburbs in NSW

The NSW suburb of Chester Hill, 2162 is in the Bankstown local government area.

With a capital gain of 2.51% for the last 12 months, Chester Hill, 2162 has performed for property investments than its average annual 8.48% property growth over the last 5 years.

A 71.80% growth in median value for property investors in Chester Hill,2162 puts this suburb at number 170th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Chester Hill is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 140th in terms of most discounted suburbs in NSW

Advertised rents are around the $437.5 mark per week – giving a return of 4.29% based on the median price in Suburb

Metrics i HOUSE UNIT
$830,000 $530,000
2.47% 3.87%
6.41% 2.51%
8.97% 8.48%
$500 $438
158 36
3.13% 4.29%
87.86 94.35

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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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