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Chippendale Suburb Insights
VICLocation Information
Suburb Name
Chippendale, VIC
Distance from CBD
12.8 kmDemographics
Population
8,617
Median Income
$28,080
Area Information
Area
0.46 km²
Population Density
18733 people/km²
Property Market
Median Price
$403,938
Annual Growth
+7.8%Property Price Trend Analysis
Current Median Price
$403,938
Annual Growth
+7.8%
Quarterly Growth
+1.4%
Price Trends - Last 6 Months
2024-01
$917,691
+10.7%2024-02
$891,913
+12.1%2024-03
$538,316
+9.1%2024-04
$608,973
+13.6%2024-05
$795,748
+16.3%2024-06
$495,517
+16.6%Property Type Price Analysis
House
Median Price
$1,761,366
Growth Rate
+7.2%Available Listings
167 properties
Apartment
Median Price
$509,211
Growth Rate
+17.6%Available Listings
377 properties
Townhouse
Median Price
$825,247
Growth Rate
+15%Available Listings
98 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy