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Chifley

POSTAL CODE: NSW, 2036
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Property investors enjoyed capital gains of 3.33% over the last 12 months in CHIFLEY, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in CHIFLEY are low, as opposed to average gains per annum over the past five years.

The suburb posted a 9.41% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $1450 based on current median home prices for the suburb.

On average, rents on listings have reached the $1450 mark, reflecting a 2.7% increase in returns based on the current median price in CHIFLEY.

CHIFLEY, 2036 ranks 894th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 826th on the list of best yielding suburbs for rental properties in NSW, posting a 2.7% return.

Surburb overview

Chifley is a quiet, family-friendly suburb located approximately 13 kilometres southeast of the Sydney Central Business District. It is part of the Randwick City Council Local Government Area and offers a relaxed suburban lifestyle with a strong sense of community. Chifley is situated between the neighbouring suburbs of Malabar and Matraville.

According to the latest Census data, the suburb has a population of around 4,500. The median age of residents is 39, reflecting a balanced demographic mix of families with children, established professionals, and older couples. The housing landscape in Chifley primarily consists of freestanding homes, many of which are post-war brick houses with extensive gardens, contributing to the area’s suburban charm.

Public transport in Chifley is provided mainly by bus services, which connect the suburb to the Sydney CBD, Bondi Junction, and surrounding areas like Maroubra, Matraville, and Kingsford. Although there is no direct train or light rail service, the suburb’s location near major roads such as Anzac Parade and Bunnerong Road ensures easy access by car. Chifley is also well-positioned for quick trips to Sydney Airport and Port Botany, making it convenient for frequent travellers.

One of Chifley’s standout features is its proximity to recreational amenities and natural attractions. The suburb is located near Malabar Headland National Park, a scenic coastal reserve offering walking tracks, stunning ocean views, and opportunities for bushwalking. The Chifley Sports Reserve is another crucial feature, providing sports fields, playgrounds, and recreational facilities for families and local sports clubs.

The Matraville Shopping Centre and Southpoint Shopping Centre in Hillsdale offer a variety of supermarkets, specialty stores, cafes, and essential services. Westfield Eastgardens is just a short drive away for more extensive shopping and entertainment options.

Chifley’s proximity to several beaches, including Malabar Beach and Maroubra Beach, appeals to those seeking a coastal lifestyle. Both beaches are within a short drive or bus ride and offer swimming, surfing, and relaxing opportunities by the ocean.

Educational facilities in and around Chifley include Chifley Public School and nearby primary and secondary schools in neighbouring suburbs such as Matraville and Maroubra. The suburb’s family-oriented environment and access to quality schools make it an ideal location for families with children.

With its relaxed suburban atmosphere, access to parks and beaches, and proximity to urban amenities, Chifley offers a balanced and convenient lifestyle in Sydney’s Eastern Suburbs. Its combination of green spaces, family-friendly streets, and easy access to the city and the coast makes it desirable for those seeking a peaceful yet connected community.

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