Suburb Profile Report for Chatswood NSW (2067)

Chatswood House: Median price $2,305,000, Annual capital growth 8.99%, Number of sales 75, Weekly median advertised rent $985

Chatswood Unit: Median price $1,010,000, Annual capital growth 8.01%, Number of sales 193, Weekly median advertised rent $650

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Chatswood has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.71%

Chatswood,2067 has offered an average of 3.71% return per annum in house price rises to property investors over the last three years.

At number 1825 in a list of fastest selling suburbs, Chatswood is just in the bottom half of suburbs in Australia with an average of days on market 77.2778 for properties listed there.

Using the current median advertised rental of $985 and the average annual increase in value of a median property of 8.99%, investors should hope to achieve an overall return of 2.22%

Chatswood has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -6.48% to date .

If we look at median property appreciation over just the last three months, Chatswood has given property investors a paper return of -4.72%. This puts Suburb as 413 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Chatswood is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 270th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 8.01%, investors should hope to achieve an overall return of 3.35%

Metrics i HOUSE UNIT
$2,305,000 $1,010,000
1.10% -4.72%
3.71% -6.48%
8.99% 8.01%
$985 $650
75 193
2.22% 3.35%
77.2777777777778 72.8571428571429

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 21194
Median household income ($/weekly) 1616
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1975 9.3
    25-34 years 4175 19.7
    35-44 years 3333 15.7
    45-54 years 2655 12.5
    55-64 years 2114 10.0
    Others 6942 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 7949 49.4
    Not Married 7172 44.6
    Defacto Relationship 974 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7851 39.6
    Croatia 2888 14.6
    India 1148 5.8
    Lebanon 1642 8.3
    Other 1657 8.4
    Others 4649 23.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1599 8.4
    Christianity 9783 51.3
    Hinduism 498 2.6
    Islam 240 1.3
    No Religion 6608 34.7
    Others 341 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 518 7.3
    $1,500-$1,999 877 12.4
    $2,000-$2,499 503 7.1
    $2,500-$2,999 1049 14.8
    $4,000 or more 578 8.2
    Others 3547 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6727 40.2
    Not in the labour force 6011 35.9
    Employed, worked part-time 2800 16.7
    Unemployed, looking for work 660 3.9
    Employed, away from work 523 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1612 16.0
    Professionals 3813 37.9
    Technicians & trades workers 828 8.2
    Clerical & administrative workers 1417 14.1
    Sales 796 7.9
    Others 1582 15.7
    Occupation
    Census Count Percent(%)
    Pre-school 350 6.4
    Infants/Primary 1262 23.2
    Secondary 1210 22.3
    Technical or Further Educational Institution 495 9.1
    University or other Tertiary Institutions 1844 34.0
    Others 269 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 10222 52.5
    Separate house 8143 41.8
    Semi-detached, row or terrace house, townhouse 1094 5.6
    House or flat attached to a shop, office 23 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3271 42.7
    Fully owned 2414 31.5
    Being purchased 1912 24.9
    Other tenure type 67 0.9
    Tenure Type
Census 2011, ABS
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