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Chester Hill, NSW 2162

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Chester Hill, NSW 2162 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Chester Hill, NSW 2162”

  1. The total adult population (15 years or older) of Chester Hill 2162 NSW is 10,862, with a median age of 34. Of those, 46.19% are married, 13.68% are divorced or separated, 34.40% are single and 5.74% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $6,136. The median monthly mortgage repayment for households in this suburb is $2,167 which is 35.32% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Chester Hill, postcode 2162, found in NSW is a residential community comprising roughly 5118 households. As we move towards the end of Q3 2023, the Chester Hill property market presents some intriguing insights for property investors and buyers.

    Typical prices for homes in Chester Hill currently circle round the $1,013,206 mark, with the median weekly rent holding up at $571. The combination of these factors fires off an indicative yield of 2.93%. Whilst falling under the ideal yield threshold of 3%, the yield achieved in Chester Hill remains competitive and could provide consistent cashflow for property investors who prioritise rental return.

    In terms of socio-economic status, Chester Hill parlays an IRSAD score of 903 out of a possible 1217. This relays a higher-end economic status for the population, with ample access to economic resources, skilled professions, and a relative high-income bracket.

    Chester Hill gazes at a 40% renter to owner ratio, which lands in the less favourable territory. Nonetheless, the units to houses ratio sits at a favourable 5%, suggesting a healthy mix for the market. This balance avoids oversaturation of rental properties and promotes competition among landlords.

    The property market’s affordability index in Chester Hill strikes a less appealing note at 65 years, exceeding the threshold of 31 years and indicating decreased affordability.

    From a supply perspective, the stock on market Percentage for houses, at a low 0.13%, and inventory level stationed at a low 0.61 months, tilt in favour of Chester Hill. The low supply narrative is further reinforced by the building approvals Ratio of 1.7% for houses, which holds below the high supply mark of 2%.

    On the demand front, Chester Hill’s property market takes the pole position with an average of 24 days on market for houses. This is much lower than the 90-day marker which signifies low demand. Keeping pace with this, the suburb’s Vacancy Rate, combined for both units and houses, sits comfortably low at 0.73%.

    However, the buy search index moderates at the neutral line of 3, signifying standard demand against the state/city average.

    When making investment decisions, observing the pervasive trends in these metrics using the provided dashboard could be a potent analytical tool. While some metrics in Chester Hill present less attractive numbers, the overall metrics of Chester Hill promise a generally favourable market movement spruced up by high demand and low supply. It’s important to integrate the HtAG Analytics’ RCS (Relative Composite Score) metric, an automated solution that employs over 80 metrics, for a comprehensive property market analysis.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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