Suburb Profile Report for Chester Hill NSW (2162)

Chester Hill House: Median price $842,500, Annual capital growth 9.28%, Number of sales 153, Weekly median advertised rent $510

Chester Hill Unit: Median price $600,000, Annual capital growth 9.61%, Number of sales 35, Weekly median advertised rent $445

  • 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 5.31%

Over the longer term, Chester Hill has seen property prices show investors a 38.11% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Chester Hill, 2162. Typically our figures indicate that -4.93% is being offered, which puts this NSW suburb at 2298th most discounted overall in Australia.

At number 2130 in a list of fastest selling suburbs, Chester Hill is just in the bottom half of suburbs in Australia with an average of days on market 82.48 for properties listed there.

With the median price for a house in Chester Hill being $842500 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 3.15%

Investment property in Chester Hill has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.52%

Comparing Chester Hill,2162 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Chester Hill is giving property investors an average Vendor Discount of around -4.96%. This puts suburb at number 120th in NSW when ranking the most discounted suburbs.

Chester Hill is 329th on a list of best yielding suburbs for rents in NSW with a 3.86% return

Metrics i HOUSE UNIT
$842,500 $600,000
1.51% 11.11%
5.31% 17.52%
9.28% 9.61%
$510 $445
153 35
3.15% 3.86%
82.48 83.97

Source: CoreLogic

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