Chigwell

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 10.77% growth over a ten-year period. It ranks 4232nd on our list of suburbs that property investors should look into.

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

CHIGWELL, 7011 has a capital gain of 19.57% for the past year, which is higher than average compared to its 54.93% growth within a five-year period.

With the median home price in CHIGWELL sitting at $550,000, and the average rent at $525, property owners could potentially earn a 4.96% 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.

Surburb overview

Chigwell, with the postcode 7011, is a suburb located approximately 12 kilometres northwest of Hobart’s central business district in Tasmania. Known for its suburban residential character and convenient location, Chigwell offers a balanced lifestyle with easy access to urban amenities and natural attractions. The population of Chigwell is around 2,200 residents, consisting mainly of families, young professionals, and retirees, contributing to a diverse and vibrant community.

Chigwell falls under the jurisdiction of the City of Glenorchy, which provides well-maintained infrastructure and community services. Public transportation is readily available, with Metro Tasmania buses offering regular services to Hobart’s CBD and surrounding suburbs, making commuting convenient for residents. Additionally, the suburb is well-connected by road, facilitating travel by car.

Educational facilities in Chigwell include the nearby Montrose Bay High School and Goodwood Primary School, catering to the educational needs of families with children. For higher education, residents have access to the TasTAFE campuses and the University of Tasmania’s Sandy Bay campus, both located within a reasonable distance.

For shopping and essential services, Chigwell residents often visit the nearby Glenorchy Central and Northgate Shopping Centre, which offer a variety of retail stores, supermarkets, and dining options. These centres provide comprehensive shopping experiences and essential services within a short distance from the suburb.

Chigwell offers several recreational activities, with numerous parks and green spaces enhancing the suburb’s appeal. Chigwell Children’s Park is a popular local spot featuring playgrounds, picnic areas, and walking trails, making it ideal for family outings and outdoor activities. The nearby Tolosa Park and Wellington Park provide further opportunities for leisure, including hiking, cycling, and enjoying the natural scenery.

The suburb's location along the River Derwent provides residents with easy access to water-based activities such as kayaking, fishing, and boating. The Glenorchy Art and Sculpture Park (GASP) is also located nearby, offering a blend of outdoor recreation and cultural experiences with its scenic walking paths and art installations along the riverfront.

Residents of Chigwell benefit from its proximity to Hobart, allowing easy access to the city’s cultural and recreational attractions, including the Royal Tasmanian Botanical Gardens, the Tasmanian Museum and Art Gallery, and the lively Salamanca Market. The suburb’s well-connected transport links and range of amenities make it a convenient and desirable place to live.

You’re out of free articles for this month
Loading form...