Powered by MOMENTUM MEDIA
AREA REPORTS

Chigwell

Suburb Profile

Chigwell - FREE 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 6.12% growth over a ten-year period. It ranks 932nd 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 11.83% for the past year, which is lower than average compared to its 75.42% growth within a five-year period.

With the median home price in CHIGWELL sitting at $364,000, and the average rent at $390, property owners could potentially earn a 5.57% 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 11.83% 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 74th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $364,000 N/A
GROWTH REPORT
Median Quarterly 3.3% N/A
Median 12 month 11.83% N/A
Median 3 years 40% N/A
Median 5 years 75.42% N/A
10 years average annual 6.12% N/A
Weekly media advert. rent $390 N/A
Time on Market 37.8 days N/A
Gross Rental Yield Percent 5.57% N/A
demographics (median values)
Total Population
1639
Weekly Household Income
580.2
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Commercial v residential investments

Commercial v residential investments

As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...

Why commercial property is critical for your portfolio in 2021

Why commercial property is critical for your portfolio in 2021

Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...

Q&A: Scott O’Neill, Rethink Investing

Q&A: Scott O’Neill, Rethink Investing

In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...

Perth

Perth’s sales listings hit 10-year low

Perth is experiencing an “extraordinary” decline in listing volumes, with sales listings hitting a 10-year low in February. ...

Brisbane property market update February 2021

This article will highlight what has been happening in the Brisbane Property Market during February 2021. ...

Perth rental stock

Perth’s rental stock dries up

Perth desperately needs an influx of rental stock in the market to provide renters with more housing options, an expert has said. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.