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Chigwell
AREA REPORTS

Chigwell

Chigwell - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7011

house

Based on its average 5-year and quarterly capital gains CHIGWELL, 7011 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that CHIGWELL, 7011 obtained a 9.55% growth over a ten-year period. It ranks 138th on our list of suburbs that property investors should look into.

CHIGWELL, 7011 in TAS belongs to the local government area of Glenorchy (C).

CHIGWELL, 7011 has a capital gain of 30.49% for the past year, which is higher than average compared to its 120.93% growth within a five-year period.

With the median home price in CHIGWELL sitting at $475,000, and the average rent at $430, property owners could potentially earn a 4.71% increase in gross rental yield.

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

A 30.49% increase in median property prices in CHIGWELL, 7011 has allowed this suburb to join the ranks of best performing suburbs in TAS, settling at number 71st.

Data report can be found below

Chigwell
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $475,000 N/A
GROWTH REPORT
Median Quarterly 5.56% N/A
Median 12 month 30.49% N/A
Median 3 years 48.44% N/A
Median 5 years 120.93% N/A
10 years average annual 9.55% N/A
Weekly media advert. rent $430 N/A
Time on Market 10.1 days N/A
Gross Rental Yield Percent 4.71% N/A
demographics (median values)*
Total Population
14696
Weekly Household Income
1024
Household Size
2.30
Age
39
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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