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Chippendale
AREA REPORTS

Chippendale

Chippendale - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2008

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a -21.11% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,390,000.

Profits due to an downward trend in home prices there averaged -7.04% per annum over a 3-year period.

Home owners selling their properties and realtors in CHIPPENDALE usually have to wait an average of 0.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $825 mark, reflecting a 3.09% increase in returns based on the current median price in CHIPPENDALE.

CHIPPENDALE, 2008 places 1190th in Australia based on median property value growth during the quarter.

Data report can be found below

Chippendale
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,390,000 $715,000
GROWTH REPORT
Median Quarterly -0.89% 0%
Median 12 month -5.12% 0.7%
Median 3 years -21.11% -13.33%
Median 5 years 6.23% -16.86%
10 years average annual 10.38% 2.36%
Weekly media advert. rent $825 $530
Time on Market 0.0 days 79.9 days
Gross Rental Yield Percent 3.09% 3.85%
demographics (median values)*
Total Population
11712
Weekly Household Income
1223
Household Size
2.10
Age
26
Monthly Loan Repayment
2400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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