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Chatswood West Suburb Insights

VIC
Location Information

Suburb Name

Chatswood West, VIC

Distance from CBD

8.8 km
Demographics

Population

1,499

Median Income

$44,876

Area Information

Area

0.81 km²

Population Density

1851 people/km²

Property Market

Median Price

$824,730

Annual Growth

+19.6%
Property Price Trend Analysis

Current Median Price

$824,730

Annual Growth

+19.6%

Quarterly Growth

+3.7%

Price Trends - Last 6 Months

2024-01

$456,736

+6.3%
2024-02

$376,319

+7.9%
2024-03

$826,576

+9.4%
2024-04

$692,065

+7.8%
2024-05

$533,911

+14.6%
2024-06

$645,378

+15%
Property Type Price Analysis
House

Median Price

$1,575,732

Growth Rate

+10.7%

Available Listings

384 properties

Apartment

Median Price

$599,831

Growth Rate

+10.9%

Available Listings

274 properties

Townhouse

Median Price

$992,431

Growth Rate

+6.2%

Available Listings

260 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy