Chifley is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 3,490, the suburb has an established demographic with a median age of 42. Households earn a median income of $120K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Chifley is $2.8 million, having increased 4% over the past year. Units have a median price of $2.2 million (+1% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,210.
Chifley is served by 1 school, including 1 secondary. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Chifley offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.2x is considered stretched. House prices have moved +4.0% year-on-year.
Chifley is a smaller suburb in New South Wales within the Randwick local government area (postcode 2036). With a population of 3,490, the suburb has an established demographic with a median age of 42. Households earn a median income of $120K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Chifley is $2.8 million, having increased 4% over the past year. Units have a median price of $2.2 million (+1% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $3,210.
Chifley is served by 1 school, including 1 secondary. The average ICSEA score is 930, which is below the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Randwick LGA is below average at 2,578 incidents per 100,000 population.
From an investment perspective, Chifley offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($2.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.2x is considered stretched. House prices have moved +4.0% year-on-year.