Question 1

Is Chigwell a nice place to live?

Accepted Answer

Chigwell is a quiet, working-class suburb in Glenorchy’s north, characterised by modest mid-20th century brick and weatherboard homes and pockets of townhouse infill. Streets are practical, with family-sized yards and small parks and playgrounds that lend a low-maintenance suburban feel. It appeals to families, commuters and downsizers who want straightforward housing within easy reach of Glenorchy’s shops and services; road and bus connections link to the wider Hobart area while the suburb stays tucked away from busier commercial strips. Chigwell is home to 2,050 people, with a median age of 33, and just over three in five dwellings are owner-occupied.

There is active public housing activity in the suburb: state-led projects include a medium-density development on Coraki Street and land at Allunga Road being considered for social and affordable housing. Council has moved to enable an expansion of Bucaan Community House, and the Chigwell Community Garden has been highlighted by council and sought support after a temporary closure. For someone after established, straightforward housing with nearby services and some local community projects, Chigwell gives a clear picture of everyday life; whether it suits you depends on what you want.

Question 2

Is it expensive to live in Chigwell?

Accepted Answer

For Chigwell, housing costs sit well above local incomes as recorded at the most recent Census. The median house price of $634,000 is about 9.9 times a typical local household's annual income at the last Census (weekly household income $1,232 × 52 = $64,064). Renting a house at about $523 a week would take roughly 42.5% of a typical local household's weekly income at the last Census, which is a large share. On these figures, both buying and renting a house look stretched against what people locally earned at the last Census; whether that feels expensive depends on your own circumstances.

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

Question 3

Is Chigwell a good place to invest?

Accepted Answer

House values in Chigwell rose 18.6% over the past 12 months, a strong increase in what a house is worth. Over the same period house rents increased 4.6%, a modest rise in the rental income a house would earn. For someone weighing Chigwell up as an investment, the figures show capital growth for houses outpaced rental growth during the year, and which of those outcomes matters most will depend on your own 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.

	Houses	Units
Median price Past 3 months	$634K	N/A
Change in value Past 12 months	18.6%	N/A
Sold Past 3 months	11	1
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$523	N/A
Change in rent Past 12 months	4.6%	N/A

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