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Chatswood West

Suburb Profile

Chatswood West - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2067

house

CHATSWOOD WEST, 2067 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 $1,725,750.

Profits due to an downward trend in home prices in the suburb averaged -0.61% per annum over a 3-year period.

CHATSWOOD WEST now ranks at the 18th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $1000 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In CHATSWOOD WEST, homes and units usually stay on listing for an average of 64.2 days.

In 2016, 21 properties were sold in CHATSWOOD WEST during the past year, making it the 864th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,725,750 N/A
GROWTH REPORT
Median Quarterly 18.2% N/A
Median 12 month -1.24% N/A
Median 3 years -1.83% N/A
Median 5 years 18.2% N/A
10 years average annual 6.16% N/A
Weekly media advert. rent $1000 N/A
Time on Market 64.2 days N/A
Gross Rental Yield Percent 3.01% N/A
demographics (median values)
Total Population
7775
Weekly Household Income
1721
Household Size
2.60
demographics
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