Suburb Profile Report for Chipping Norton NSW (2170)

Chipping Norton House: Median price $891,000, Annual capital growth 6.72%, Number of sales 105, Weekly median advertised rent $570

Chipping Norton Unit: Median price $554,000, Annual capital growth 8.48%, Number of sales 42, Weekly median advertised rent $435

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

Source: CoreLogic

  • House Report
  • Unit Report

Chipping Norton is in the bottom 40% in NSW when comparing median price capital growth over the last year. Chipping Norton gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.30%.

Across a shorter period, Chipping Norton, 2170 has seen a median price increase of 1.25% over the last quarter.

Property investors looking for a bargain in Chipping Norton should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.

Chipping Norton is 794th on a list of best yielding suburbs for rents in NSW with a 3.33% return

With a capital gain of 10.80% for the last 12 months, Chipping Norton, 2170 has performed for property investments than its average annual 8.48% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Chipping Norton has given property investors a paper return of -4.81%. This puts Suburb as 509 on a list of fastest fasting appreciating suburbs in NSW

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 -4.98% is being offered, which puts this NSW suburb at 764th most discounted overall in Australia.

HOUSE UNIT
$891,000 $554,000
1.25% -4.81%
3.30% 10.80%
6.72% 8.48%
$570 $435
105 42
3.33% 4.08%
50.65 59.64

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
Recent sales & rentals