Suburb Profile Report for Chester Hill NSW (2162)

Chester Hill House: Median price $835,000, Annual capital growth 9.21%, Number of sales 143, Weekly median advertised rent $510

Chester Hill Unit: Median price $608,000, Annual capital growth 9.81%, Number of sales 39, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Chester Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.99%

Chester Hill,2162 has offered an average of 3.99% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Chester Hill is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 359th in terms of most discounted suburbs in NSW

Residents and property investors in Chester Hill have been waiting around 71.05 days to sell a property.

Chester Hill is 744th on a list of best yielding suburbs for rents in NSW with a 3.18% return

Over the last year, property investments in Chester Hill, 2162 have given investors a capital gain of 27.33%. This compares very favourably with the 8.63% for NSW as a whole.

A 87.08% growth in median value for property investors in Chester Hill,2162 puts this suburb at number 223th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Chester Hill are currently offering property investors an average price cut of -5.08% below the asking price at the moment.

Situated 17.54km from the CBD, Chester Hill is one of Bankstown localities in the postcode 2162.

Metrics i HOUSE UNIT
$835,000 $608,000
0.60% 2.18%
3.99% 27.33%
9.21% 9.81%
$510 $445
143 39
3.18% 3.81%
71.05 86.73

Source: CoreLogic

DSR Score for property investment : Good (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