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Investment Property Chippendale, NSW, 2008

Suburb Snapshot

Chippendale is a suburb in the Sydney Region of New South Wales. Chippendale has a population of 8,615 people and 59.85% of its occupants live in rental accommodation. The median listing price for houses is $1,800,000 and this has changed -7.70% over the past year and changed 12.50% over 2 years.

The median rent in Chippendale for houses is $1,000 per week and the median rental yield is 2.88%. Stock on the market for houses/townhouses has changed 66.67% compared to last year and the average time to sell a house/townhouse is 79 days.The median listing price for units is $800,000 and this has changed 0.00% over the past year. The average unit takes 172 days to sell and the median rent for a unit in Chippendale is $820 per week, producing a rental yield of 5.33%.

Supply & Demand in Chippendale, Sydney

2.95%

Current vacancy rate


149

Rental stock available


8,615

Population


59.85%

Rental population


2.21%

Current vacancy rate


2,817

Rental stock available


208,378

Population


49.98%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Chippendale, Sydney

  House Townhouses Units
Median listing price $1,800,000 NA $800,000
Median price change - last quarter 2.12% NA 0.00%
Median price change - 1 year -7.70% NA 0.00%
Median price change - 2 years 12.50% NA 6.66%
  House Townhouses Units
Median weekly rent $1,000 $1,100 $820
Median yield % 2.88% NA 5.33%
Median rent change - 1 year 0.00% 15.78% 5.12%
  House Units
Previous month sales 3 13
Stock on market previous month 5 133
Stock variance vs. last year 66.67% 8.13%
Average days on market 79 172

Chippendale investment property listings

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