Chatswood is a large suburb in New South Wales within the Willoughby local government area (postcode 2067). With a population of 25,553, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $112K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Chatswood is $3.7 million, having risen modestly 1.9% over the past year. Units have a median price of $1.2 million (+15.8% YoY). The current median weekly rent is $828. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,858.
Chatswood is served by 5 schools, including 2 primary, 2 secondary, 1 combined. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 81 bus stops. Healthcare facilities include 3 private hospitals. The crime rate in the Willoughby LGA is below average at 2,156 incidents per 100,000 population.
From an investment perspective, Chatswood offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.2x is considered stretched. House prices have moved +1.9% year-on-year.
Chatswood is a large suburb in New South Wales within the Willoughby local government area (postcode 2067). With a population of 25,553, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $112K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Chatswood is $3.7 million, having risen modestly 1.9% over the past year. Units have a median price of $1.2 million (+15.8% YoY). The current median weekly rent is $828. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,858.
Chatswood is served by 5 schools, including 2 primary, 2 secondary, 1 combined. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 81 bus stops. Healthcare facilities include 3 private hospitals. The crime rate in the Willoughby LGA is below average at 2,156 incidents per 100,000 population.
From an investment perspective, Chatswood offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($3.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.2x is considered stretched. House prices have moved +1.9% year-on-year.