Get a property report and suburb profile for any property in Chatswood

Chatswood is a major North Shore centre that blends a busy commercial core with leafy residential pockets. Around Chatswood railway station and the Pacific Highway the skyline is dominated by apartment towers and large shopping centres such as Westfield Chatswood and Chatswood Chase, and a dense strip of restaurants and specialty shops reflects the suburb’s strong Asian-Australian influence. A short walk from the centre leads to tree-lined streets of older houses, parks, sporting grounds and riverside reserves along the Lane Cove River.

Home to 25,553 people with a median age of 37 and a typical household income of $2,158 a week (roughly $112,200 a year), Chatswood is weighted towards couple families, with couple families with and without children together accounting for about 83.3% of families. Housing is split between renters and owners, with 52.1% rented and 47.9% owner-occupied. Good rail and bus links, direct Sydney Metro City services and a number of planned precinct, interchange and greenspace projects mean everyday errands and commuting are well supported. Whether that mix suits you depends on what you’re after in a suburb.

On these figures, buying in Chatswood sits well above local incomes at the last Census. The median house price of $3,455,000 is about 30.8 times a typical local household's annual income at the last Census, while the median unit price of $1,197,500 is about 10.7 times that annual income.

Rent also takes a substantial share of local income: the average weekly house rent of $1,465 would use about 67.9% of a typical local household's weekly income at the last Census, and the average weekly unit rent of $850 would take about 39.4%. If you're renting rather than buying, that rent share is the figure most relevant to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House rents in Chatswood jumped 12.7% over the past 12 months, a strong rise, while median house values rose a more modest 2.6% in the same period. Unit rents increased 6.2%, a solid gain, and unit values edged up 2.2%.

Rental income climbed faster than prices this year, particularly for houses where rent growth noticeably outpaced capital growth. If rental return is your priority, the rent figures are the most relevant; if capital growth matters more, focus on the value changes. Whether that pattern makes Chatswood a suitable investment for you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.