Chisholm suburb profile
Chisholm is a rapidly growing suburb in the Hunter Region of New South Wales, situated approximately 23km north-west of Newcastle. Known for its family-friendly atmosphere, Chisholm offers a mix of modern housing developments and scenic natural surroundings. The suburb is home to quality schools, parks, and recreational facilities, making it an attractive destination for families and young professionals. With its proximity to major transport links and the expanding amenities of the nearby Maitland and Newcastle areas, Chisholm provides a convenient and appealing lifestyle for residents seeking a balance between urban access and suburban tranquility.
Chisholm property market performance
Chisholm's property market has shown modest growth over the past 12 months, with house values increasing by 3.7%. The current median house price stands at $922,500. There is no data available for units, indicating a lack of unit sales in the area.
In terms of sales activity, 29 houses were sold over the last 12 months, with properties spending a median of 60 days on the market. This suggests a steady demand for houses in Chisholm, although the market may be slightly slower compared to other areas.
The rental market for houses in Chisholm has experienced a 7.1% increase in average rent over the past 12 months, with the average rent now at $750. There is no data available for unit rentals, reflecting the absence of units in the market.
Median price - houses$923KPast 3 months
Median price - units$0Past 3 months
Change in value - houses3.7%12 months
Change in value - unitsN/A12 months
Houses sold29Past 3 months
Units soldN/APast 3 months
Median DOM - houses60Past 12 months
Median DOM - unitsN/APast 12 months
Average rent - housesN/APast 12 months
Average rent - unitsN/APast 12 months
Change in rent - houses7.1%Past 12 months
Change in rent - unitsN/APast 12 months
Chisholm demographics
Chisholm, located in the Hunter Region of New South Wales, is a burgeoning suburb known for its family-friendly environment and modern amenities. With a population of 4,577 and a median age of 32, Chisholm is a youthful and vibrant community, attracting young families and professionals seeking a balanced lifestyle. The suburb's proximity to Newcastle and Maitland offers residents convenient access to urban centers while enjoying the tranquility of suburban living.
The suburb's demographic profile is heavily skewed towards families, with 60.7% of households being couple families with children, reflecting its appeal to those looking to raise families in a supportive community. Additionally, 31.7% of households are couple families without children, indicating a diverse mix of residents. The median total household income of $2,755 per week suggests a relatively affluent community, with many residents employed in stable, well-paying jobs.
Housing in Chisholm is predominantly owner-occupied, with 62% of properties owned with a mortgage and 18.7% owned outright. This high rate of home ownership underscores the suburb's appeal to those seeking long-term stability and investment in property. The rental market is smaller, with only 19.4% of properties being rented, which may appeal to those looking for more permanent residency. Chisholm's combination of modern housing developments, community facilities, and access to natural surroundings makes it an attractive option for families and individuals seeking a high quality of life.
Chisholm infrastructure, key developments and investment opportunities
Chisholm is experiencing significant growth and development that is likely to impact its property market. The suburb is set to expand substantially, with plans announced in 2011 to release an additional 5,000 housing lots, potentially accommodating 15,000 new residents. This major expansion is expected to drive demand for housing and potentially increase property values in the area.
Infrastructure improvements are also underway to support this growth. A new shopping center, Chisholm Plaza, has been approved for construction, which will bring supermarkets, specialty shops, medical facilities, and lifestyle amenities to the area. Additionally, new schools have opened to serve the growing population, including St. Aloysius Catholic Primary School and St. Bede's Catholic College. These developments are enhancing Chisholm's livability and appeal to families, which could further boost property demand in this rapidly expanding suburb.
Chisholm rental market trends
The rental market in Chisholm has experienced moderate growth, with house rents increasing by 7.1% over the past year to $750 per week. However, there is no data available for unit rents, indicating a potential lack of unit supply in the area. Chisholm continues to attract interest due to its family-friendly environment and proximity to essential amenities.
Suburbs near Chisholm
Some popular suburbs near Chisholm include: