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Chester Hill Suburb Insights
VICLocation Information
Suburb Name
Chester Hill, VIC
Distance from CBD
9.6 kmDemographics
Population
12,814
Median Income
$23,504
Area Information
Area
3.98 km²
Population Density
3220 people/km²
Property Market
Median Price
$634,732
Annual Growth
+6.3%Property Price Trend Analysis
Current Median Price
$634,732
Annual Growth
+6.3%
Quarterly Growth
+4%
Price Trends - Last 6 Months
2024-01
$556,523
+10.6%2024-02
$1,078,672
+6.1%2024-03
$428,910
+8.6%2024-04
$473,112
+9.6%2024-05
$455,801
+10.7%2024-06
$904,170
+16.8%Property Type Price Analysis
House
Median Price
$1,473,270
Growth Rate
+7%Available Listings
224 properties
Apartment
Median Price
$440,107
Growth Rate
+9.2%Available Listings
570 properties
Townhouse
Median Price
$911,386
Growth Rate
+12.9%Available Listings
291 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy