Suburb Profile Report for Chiltern VIC (3683)

Chiltern House: Median price $240,000, Annual capital growth 2.84%, Number of sales 16, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Chiltern, 3683 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.87%.

While Chiltern,3683 ranked number 667th in VIC for increase in median house value (annualised) increase, it is ranked 395th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Chiltern is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 453th in terms of most discounted suburbs in VIC

In the last year 16 properties changed hands in Chiltern, which puts it as the 640th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Chiltern being $240000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.42%

Metrics i HOUSE UNIT
$240,000 N/A
-4.00% N/A
7.87% N/A
2.84% N/A
$250 N/A
16 N/A
5.42% N/A
74.33 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1639
Median household income ($/weekly) 987
Median age of persons 45
Median housing loan repayment ($/monthly) 1285
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 208 12.7
    35-44 years 239 14.6
    45-54 years 276 16.8
    55-64 years 267 16.3
    65-74 years 176 10.7
    Others 473 28.9
    Age Group
    Census Count Percent(%)
    Registered Married 644 53.6
    Not Married 440 36.6
    Defacto Relationship 118 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1378 89.7
    Greece 18 1.2
    Papua New Guinea 11 0.7
    United Kingdom 65 4.2
    Other 26 1.7
    Others 38 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1034 69.8
    No Religion 432 29.2
    Other Religious Groups 9 0.6
    Buddhism 6 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 11.4
    $400-$599 68 11.9
    $600-$799 63 11.0
    $1,500-$1,999 71 12.4
    $2,000-$2,499 59 10.3
    Others 245 42.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 488 37.7
    Employed, worked full-time 458 35.4
    Employed, worked part-time 245 18.9
    Employed, away from work 52 4.0
    Unemployed, looking for work 50 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 103 13.7
    Professionals 113 15.0
    Technicians & trades workers 130 17.2
    Clerical & administrative workers 103 13.7
    Labourers 101 13.4
    Others 204 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 22 6.6
    Infants/Primary 120 36.0
    Secondary 121 36.3
    Technical or Further Educational Institution 31 9.3
    University or other Tertiary Institutions 33 9.9
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1426 95.5
    House or flat attached to a shop, office 20 1.3
    Semi-detached, row or terrace house, townhouse 18 1.2
    Caravan, cabin, houseboat 18 1.2
    Flat, unit or apartment 11 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 272 42.6
    Fully owned 260 40.7
    Rented 104 16.3
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals