Suburb Profile Report for Chipping Norton NSW (2170)

Chipping Norton House: Median price $897,500, Annual capital growth 6.95%, Number of sales 104, Weekly median advertised rent $570

Chipping Norton Unit: Median price $515,000, Annual capital growth 7.52%, Number of sales 36, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Chipping Norton, 2170 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.99%.

While Chipping Norton,2170 ranked number 737th in NSW for increase in median house value (annualised) increase, it is ranked 453th over the last 5 years.

Our latest figures would indicate that property sellers in Chipping Norton are currently offering property investors an average price cut of -6.30% below the asking price at the moment.

In the last year 104 properties changed hands in Chipping Norton, which puts it as the 259th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Chipping Norton, 2170 is in the Liverpool local government area.

Property investors who have had real estate in Chipping Norton, 2170 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.48%

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.

LACK OF BUYER INTEREST may well be the reason that Chipping Norton is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 231th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

HOUSE UNIT
$897,500 $515,000
1.27% -10.43%
1.99% -0.48%
6.95% 7.52%
$570 $430
104 36
3.30% 4.34%
62.72 81.5

Source: CoreLogic

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