Suburb Profile Report for Chinchilla QLD (4413)

Chinchilla House: Median price $294,375, Annual capital growth 3.80%, Number of sales 60, Weekly median advertised rent $223

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

Source: CoreLogic

  • House Report
  • Expert Report

At number 3536th in the list of Australian suburbs ordered by increase in median house value over the last year, Chinchilla, 4413 is in the BOTTOM 20% with a property value increase of -5.65% recorded in median house prices.

While Chinchilla,4413 ranked number 170th in QLD for increase in median house value (annualised) increase, it is ranked 626th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Chinchilla itself are offering an average vendor discount of -14.54% to real estate investors.

Chinchilla is 619th on a list of best yielding suburbs for rents in QLD with a 3.93% return

Information supplied by:


Once an agricultural centre, Chinchilla has grown into a diverse economic powerhouse with gas and coal exploration, the development of a power station and primary industry in grains, cotton and broad acre farming.Full summary

Once an agricultural centre, Chinchilla has grown into a diverse economic powerhouse with gas and coal exploration, the development of a power station and primary industry in grains, cotton and broad acre farming.

Located 300km from Brisbane, Chinchilla lies in the heart of the coal-rich Surat Basin. Significant coal seam gas exploration, massive LNG infrastructure projects and upgrades to gas pipes and rail links are just a few of the major projects that are fuelling growth in this area.

“With an estimated 250 years’ worth of viable coal resources, Chinchilla is considered Australia’s future energy hub,” says the Surat Basin Corporation website.

The town has ample amenities and has a number of schools from primary to tertiary. It has its own well-equipped hospital providing maternity and emergency wards and other medical facilities.

Chinchilla residents enjoy a wide range shopping and entertainment amenities in the main thoroughfare, including three major car dealers and an IGA Supermarket. All the four major banks and some smaller lenders have branches in the area.

While many regional areas in Queensland suffer from drought, Chinchilla has more than sufficient water supply for both its current and future needs, thanks to the Chinchilla Weir built in 1973. The Charley’s Creek Weir provides backup and additional water for gardening and other uses.

Chinchilla also provides other high quality facilities such as a 700-seat auditorium, cinemas and the Chinchilla Aquatic Centre.

Chinchilla is positioning itself as a tree change destination, as well as a base for business looking to take advantage of the booming coal and gas mining sector in the area – as well as the long list of other industries.

Chinchilla's population has been growing strongly over the past five years – a staggering 5% growth per annum according to SQM Research. The majority of residents own their homes (41%), while 39% are paying their mortgage and 20% are renting.

Rental demand is very high in Chinchilla, thanks to the ever-growing list of companies moving into the area. According to SQM Research, the monthly vacancy rate sits at around 2%. Rental yields are also very high.

No doubt as construction activity ramps up and workers start coming into the area, house prices and rents are likely to escalate.

$294,375 N/A
3.08% N/A
-5.65% N/A
3.80% N/A
$223 N/A
60 N/A
3.93% N/A
142.14 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Poor (H)
Find a mortgage broker in Chinchilla QLD
Total population 5487
Median household income ($/weekly) 1327
Median age of persons 34
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 820 14.9
    25-34 years 800 14.6
    35-44 years 725 13.2
    45-54 years 679 12.4
    55-64 years 520 9.5
    Others 1944 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 1876 52.4
    Not Married 1266 35.4
    Defacto Relationship 436 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4750 92.0
    Papua New Guinea 109 2.1
    Philippines 37 0.7
    United Kingdom 84 1.6
    Other 52 1.0
    Others 131 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 4100 82.0
    Hinduism 9 0.2
    Islam 17 0.3
    Other Religious Groups 11 0.2
    No Religion 853 17.1
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 173 10.0
    $1,250-$1,499 172 10.0
    $1,500-$1,999 254 14.7
    $2,000-$2,499 155 9.0
    $2,500-$2,999 170 9.8
    Others 802 46.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1765 45.0
    Not in the labour force 1197 30.5
    Employed, worked part-time 692 17.6
    Employed, away from work 175 4.5
    Unemployed, looking for work 96 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 325 12.3
    Technicians & trades workers 507 19.3
    Clerical & administrative workers 348 13.2
    Machinery operators & drivers 319 12.1
    Labourers 377 14.3
    Others 756 28.7
    Census Count Percent(%)
    Pre-school 65 5.9
    Infants/Primary 557 50.9
    Secondary 310 28.3
    Technical or Further Educational Institution 91 8.3
    University or other Tertiary Institutions 56 5.1
    Others 15 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4593 93.1
    Semi-detached, row or terrace house, townhouse 85 1.7
    Flat, unit or apartment 201 4.1
    Caravan, cabin, houseboat 29 0.6
    House or flat attached to a shop, office 18 0.4
    Others 9 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 676 35.8
    Fully owned 642 34.0
    Being purchased 545 28.9
    Other tenure type 25 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals