Suburb Profile Report for Chiltern VIC (3683)

Chiltern House: Median price $234,000, Annual capital growth 2.73%, Number of sales 18, Weekly median advertised rent $248

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 7.68% which means that Chiltern, 3683 has done well for property investors by showing a capital gain of 6.85% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Chiltern comes in at number 166th in VIC.

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 Chiltern, 3683. Typically our figures indicate that -4.01% is being offered, which puts this VIC suburb at 3212th most discounted overall in Australia.

A $247.5 per week rent on the median house gives suburb investors a gross yield of circa 5.50%, without taking into account capital value appreciation, which has been averaging out at 2.73%.

HOUSE UNIT
$234,000 N/A
3.31% N/A
6.85% N/A
2.73% N/A
$248 N/A
18 N/A
5.50% N/A
107.2 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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
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Recent sales & rentals