Located in New South Wales within the Canterbury-Bankstown local government area, Chullora is a sparsely populated locality (postcode 2190). The area has roughly 14 residents and a settled mid-life population, with a median age of 39. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count.
Units have a median price of $195,000 (+16.4% YoY). The current median weekly rent is $710. This gives a gross rental yield of approximately 18.9%.
Public transport access includes 8 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
Looking at the investment signals, Chullora shows a gross rental yield of approximately 18.9%, rated as high yield. Property prices sit below the state median ($195K/$1.5M), which can point to relative value. House prices have moved +16.4% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.