Chiltern is a small community in Victoria within the Indigo local government area (postcode 3683). With a population of 1,580, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Chiltern is $462,000, having surged 18.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
Chiltern is served by 2 schools, including 2 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Chiltern offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($462K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +18.5% year-on-year.
Chiltern is a small community in Victoria within the Indigo local government area (postcode 3683). With a population of 1,580, the suburb has a mature demographic with a median age of 50. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Chiltern is $462,000, having surged 18.5% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
Chiltern is served by 2 schools, including 2 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 1 rail station, 2 bus stops. The crime rate in the Indigo LGA is below average at 3,341 incidents per 100,000 population.
From an investment perspective, Chiltern offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($462K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +18.5% year-on-year.