Suburb Profile Report for Chiltern VIC (3683)

Chiltern House: Median price $236,000, Annual capital growth 1.30%, Number of sales 17, Weekly median advertised rent N/A

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Over the last year, property investments in Chiltern, 3683 have given investors a capital gain of -7.45%. This compares very badly with the 4.41% for VIC as a whole.

Across a shorter period, Chiltern, 3683 has seen a median price increase of 6.31% over the last quarter.

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 -6.49% is being offered, which puts this VIC suburb at 1308th most discounted overall in Australia.

At number 1838 in a list of fastest selling suburbs, Chiltern is just in the bottom half of suburbs in Australia with an average of days on market 76.2857 for properties listed there.

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Chiltern, VIC – Embrace an active lifestyle

Postcode: 3683

Median house price: $245,500

Three-year growth: -1.8%

Rental yield: 6.0%

A vibrant town of Victoria, Chiltern embraces the outdoors and prides itself in encouraging the sports, from swimming and cycling, to tennis and joining the football club.

In addition to a handful of local amenities, a range of shopping needs can be fulfilled in the nearby suburbs of Albury, Wodonga and Beechworth. There is also a local primary school, with further schools accessible in the greater surrounds.

Residents can enjoy the many walking trails and natural surrounds that sweep Mt. Pilot National Park, and the month of August sees Chiltern’s popular antique fair come to life, which provides locally made artistic works and gifts.

Metrics i HOUSE UNIT
$236,000 N/A
6.31% N/A
-7.45% N/A
1.30% N/A
N/A N/A
17 N/A
N/A N/A
76.2857142857143 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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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