Suburb Profile Report for Chipping Norton NSW (2170)

Chipping Norton House: Median price $975,000, Annual capital growth 7.83%, Number of sales 98, Weekly median advertised rent $580

Chipping Norton Unit: Median price $515,000, Annual capital growth 7.35%, Number of sales 38, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1315th in the list of Australian suburbs ordered by increase in median house value over the last year, Chipping Norton, 2170 is in the top 40% with a property value increase of 10.80% recorded in median house prices.

Comparing Chipping Norton,2170 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Chipping Norton is $975000, with sellers offering an average of -4.54% off the asking price.

Over the last year, property investments in Chipping Norton, 2170 have given investors a capital gain of -11.51%. This compares very badly with the 7.74% for NSW as a whole.

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

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 Chipping Norton, 2170. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 1011th most discounted overall in Australia.

Metrics i HOUSE UNIT
$975,000 $515,000
4.84% N/A
10.80% -11.51%
7.83% 7.35%
$580 $410
98 38
3.09% 4.14%
51.03 77.11

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 8836
Median household income ($/weekly) 1609
Median age of persons 37
Median housing loan repayment ($/monthly) 2057
Average household size 3
  • Census Count Percent(%)
    5-14 years 1114 12.6
    25-34 years 1182 13.4
    35-44 years 1184 13.4
    45-54 years 1272 14.4
    55-64 years 1277 14.5
    Others 2807 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 3672 54.8
    Not Married 2636 39.4
    Defacto Relationship 390 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5763 68.2
    Japan 205 2.4
    Malaysia 197 2.3
    Viet Nam 334 4.0
    Other 572 6.8
    Others 1378 16.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 417 5.0
    Christianity 6295 76.2
    Hinduism 167 2.0
    Islam 476 5.8
    No Religion 832 10.1
    Others 79 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 223 8.8
    $1,250-$1,499 215 8.5
    $1,500-$1,999 366 14.5
    $2,000-$2,499 306 12.1
    $2,500-$2,999 258 10.2
    Others 1157 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3031 43.9
    Not in the labour force 2200 31.9
    Employed, worked part-time 1210 17.5
    Employed, away from work 255 3.7
    Unemployed, looking for work 205 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 568 12.6
    Professionals 832 18.5
    Technicians & trades workers 673 15.0
    Clerical & administrative workers 899 20.0
    Sales 438 9.7
    Others 1085 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 149 7.2
    Infants/Primary 697 33.9
    Secondary 590 28.7
    Technical or Further Educational Institution 199 9.7
    University or other Tertiary Institutions 388 18.8
    Others 36 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7404 88.3
    Flat, unit or apartment 532 6.3
    Semi-detached, row or terrace house, townhouse 440 5.2
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1149 41.6
    Fully owned 1140 41.3
    Rented 460 16.7
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
Chart Table
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