Located in Tasmania within the Glenorchy local government area, Chigwell is a smaller residential area (postcode 7011). It is home to about 2,050 residents, with a blend of families and working-age professionals and a median age of 33. Households earn a median income of $64K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% year-on-year at the LGA level. TAS 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. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $450. The median monthly mortgage repayment is $1,300.
Chigwell is served by 1 school, including 1 special. The average ICSEA score is 866, which is well below the national average of 1,000. Public transport access includes 14 bus stops.
From an investment perspective, Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.