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Chester Hill Suburb Insights

VIC
Location Information

Suburb Name

Chester Hill, VIC

Distance from CBD

9.6 km
Demographics

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