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Chiswick suburb profile

Chiswick is a picturesque suburb located in Sydney's Inner West, nestled along the Parramatta River. Known for its tranquil atmosphere and stunning waterfront views, Chiswick offers a peaceful retreat from the hustle and bustle of city life while still being conveniently close to the CBD. The suburb features a mix of modern apartments and charming older homes, appealing to a diverse range of residents. With its lush parks, riverside walkways, and a strong sense of community, Chiswick is an ideal location for families and professionals seeking a serene yet connected lifestyle.

Chiswick property market performance

Current median dwelling price$2,555,000Past 3 months

Property growth+7.5%Past 12 months

Chiswick's property market has shown stability in the unit sector over the past 12 months, with the median unit price remaining steady at $1.12 million. In contrast, house market data is limited, with only one house sold and no median price or rental data available, indicating a lack of activity in this segment.

The unit market has seen moderate sales activity, with 17 units sold in the past year. Units are taking a median of 52 days on the market, suggesting a balanced demand. The rental market for units has experienced a slight increase, with average rents rising by 1.3% to $800, reflecting a stable rental environment.

HousesUnits
Median price
Past 3 months
N/A$1.11M
Change in value
Past 12 months
19.2%-4.2%
Sold
Past 3 months
116
Median days on market
Past 12 months
N/A52
Average rent
Past 12 months
N/A$800
Change in rent
Past 12 months
N/AN/A

5 year median price trend for houses and units

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Chiswick demographics

Chiswick, nestled in Sydney's Inner West, is a picturesque suburb known for its tranquil waterside living and family-friendly environment. With a population of 2,909, Chiswick offers a serene escape from the hustle and bustle of city life while still being conveniently close to the CBD. The median age of 40 suggests a mature community, with many residents enjoying the suburb's peaceful ambiance and scenic views of the Parramatta River.

The suburb's housing landscape is diverse, with a significant portion of properties owned outright (25.8%) or with a mortgage (31.7%), indicating a stable and established community. However, renting remains a popular option, with 42.4% of properties being rented, appealing to those seeking flexibility or a taste of the waterfront lifestyle. Chiswick's family-oriented nature is evident, with 42% of households being couple families with children, while 44.4% are couples without children, reflecting a balanced mix of family dynamics.

Chiswick's appeal lies in its blend of suburban tranquility and urban convenience. The suburb's high median household income of $2,444 per week underscores its affluence, attracting professionals and families seeking a high quality of life. With its lush parks, waterfront walkways, and close-knit community, Chiswick offers a unique blend of natural beauty and modern living, making it a sought-after destination for those looking to enjoy the best of both worlds.

Chiswick infrastructure, key developments and investment opportunities

Chiswick has seen substantial residential redevelopment in recent years, with a noticeable increase in modern apartment blocks replacing former industrial and low-density sites, leading to a growing population and shifting demographic profile. The suburb’s proximity to Sydney’s CBD, combined with its waterside location and landscaped parklands, continues to underpin strong demand from both home buyers and investors seeking high amenity living environments.

Public transport accessibility remains a key draw for Chiswick, with regular ferry services and bus routes connecting residents to the city and surrounding suburbs. At this time, there are no major new infrastructure projects, school redevelopments, or council planning changes reported that would significantly alter local market dynamics in the near future. The existing blend of convenient transport, walkable amenities, and a focus on urban apartment living is likely to sustain ongoing interest and support property values in Chiswick.

Chiswick rental market trends

The rental market in Chiswick shows stability, with house rents remaining unchanged over the past year. Unit rents have experienced a modest increase of 1.3%, reaching $800 per week. This steady growth in unit rents indicates a consistent demand in the area, making Chiswick an attractive option for renters seeking a balanced suburban lifestyle.

Suburbs near Chiswick

Some popular suburbs near Chiswick include:

How does Chiswick compare to nearby suburbs?

  • Median house prices: Chiswick’s median house price is 32.9% higher than Russell Lea’s.
  • Median unit prices: Chiswick’s median unit price is 12.7% higher than Hunters Hill’s.
  • House price growth: Over the past 12 months, house prices in Chiswick have grown 9.5% higher than in Russell Lea.
  • Unit price growth: Over the past 12 months, unit prices in Chiswick have grown 8.2% higher than in Russell Lea.
  • Selling speed for units: Properties in Chiswick are selling 44.1% faster than in Drummoyne.
  • House price growth: Over the past 12 months, house prices in Chiswick have grown 147.4% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Chiswick have grown 21.7% higher than the average rate of growth for units across Sydney.

Common questions about Chiswick

  • Is Chiswick a nice place to live?

    Chiswick is a delightful suburb that offers a serene and charming lifestyle, making it a wonderful place to call home. With its tranquil waterside setting and lush green spaces, it provides a peaceful retreat while still being conveniently close to the bustling city. The suburb's vibe is one of relaxed sophistication, attracting a diverse mix of residents who appreciate the blend of natural beauty and urban convenience. Families, in particular, will find Chiswick appealing due to its family-friendly environment and strong sense of community.

    Living in Chiswick means enjoying easy access to a range of amenities. The suburb is well-served by public transport, with regular ferry services and bus routes that make commuting to the city and surrounding areas a breeze. Residents can enjoy leisurely strolls along the riverside walkways or spend weekends exploring the local parks. While Chiswick may not have the bustling nightlife of inner-city areas, it compensates with a selection of charming cafes and restaurants that cater to a variety of tastes.

    Safety is generally not a major concern in Chiswick, contributing to its appeal as a family-friendly suburb. However, one trade-off of living in such a picturesque and desirable location is the higher property prices, which may be a consideration for some. Additionally, the recent residential redevelopment has led to an increase in modern apartment living, which might not suit those seeking more traditional housing options. Nonetheless, for those who value a peaceful, community-oriented lifestyle with the convenience of city access, Chiswick is a truly lovely place to live.

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  • Is it expensive to live in Chiswick?

    Living in Chiswick can be quite pricey, especially when you look at the property market. The current median price for a unit is around $1,120,000, which is a significant investment. Renting isn't exactly cheap either, with the average rent for units sitting at about $800 per week. This means that a large portion of your income could go towards housing costs if you choose to live in this suburb.

    When you compare this to the average annual wage in Sydney, which is approximately $105,000, it becomes clear that living in Chiswick might require a substantial financial commitment. The median total household income in Chiswick is $2,444 per week, which is relatively high, but still, housing costs could take a significant chunk out of that income.

    While Chiswick offers the perks of an inner-city lifestyle with its proximity to Sydney's amenities and attractions, the cost of living, particularly in terms of housing, is on the higher side. If you're considering making Chiswick your home, it's important to carefully evaluate your budget to ensure it can accommodate the expenses associated with living in this desirable suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Chiswick a good place to invest?

    Chiswick presents a stable investment opportunity, particularly for those interested in long-term growth. Over the past year, the suburb has seen a 6.7% increase in median house values, indicating a healthy demand for properties in the area. While the median unit values have remained steady, this stability can be appealing for investors seeking less volatility in their investment portfolio.

    The rental market in Chiswick has shown modest growth, with a 1.3% increase in unit rents, while house rents have remained unchanged. This suggests a steady rental demand, which can provide a reliable income stream for property investors. The suburb's appeal lies in its peaceful, family-friendly environment and proximity to the city, making it attractive to both renters and buyers.

    Overall, Chiswick offers a balanced investment landscape with potential for capital growth in houses and consistent rental returns. Its stability and desirable location make it a solid choice for investors looking for a dependable and long-term investment in the real estate market.

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Choose the right real estate agents in Chiswick

Currently, there are 45 real estate agents working in Chiswick—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 45 agents sold 37.3% of all properties in Chiswick over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Chiswick typically charge a commission of 1.66% to 2.15%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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