Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
$265,000
Last sold
3 May 2019
3
Bedrooms
1
Bathrooms
4
Car spaces
713 m²
Land
94 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$265,000
3 May 2019 · derived via latest_sale
Local land rate: recorded House sales in Chigwell (last 5 years) with land size have a median of $841/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Chigwell
-58.6%
Median sale
Suburb $640,000
+5.79 pp
Gross yield
Suburb 4.10%
Suburb median $640,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
TASPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $504/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Chigwell at a glance
2,264
People
$640,000
Median sale
$504/wk
Median rent
4.10%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by PropertyNowTo enquire, please email or call 1300 815 051 and enter code 1181
My 3 bedroom home, facing the Chigwell hills, is a newly renovated, feel-good space with huge windows which take in the panoramic mountain views all the way south to Mt Wellington.
THE NEIGHBOURHOOD: The location is so convenient. It's a 5 minute drive to either Glenorchy or Claremont shopping centres and the bus stop to these centres and the city is just around the corner too. It's an easy 20 minute drive to the CBD. The local chemist, post office and corner shop are in walking distance. There's also an extensive dog park, a creek, the Chigwell Community Centre and Community Vegetable Gardens close by. The neighbourhood is friendly, quiet and safe and you'll be impressed with everyone's care of their gardens. As you watch the beautiful sunsets over the mountains each night, you'll see the wallabies on the hillside.
THE BLOCK: The land, at 714m2, is exactly what you need and it's significantly larger than most residential blocks. The front garden is well-established with 10 rose bushes and garden beds. It sits on a slight hill which enhances the views. However, the back yard has a flat lawn and is perfect for a vegetable garden or kicking a soccer ball. There's an oversized double carport as well as a driveway for two cars. The garden also has a 2.5 x 2.5 m lockup shed with water connected and a sink. Previously used as a laundry, I've been using it for storage and as a workroom. However, the feature that sets this property above others is the fact that it's a great investment. With council approval, the block is large enough for a second dwelling/house to be built, allowing for possible future strata division. There's potential for a granny flat, second rental property or sell the second dwelling to supplement your super fund.
THE HOUSE: Since I purchased two years ago, the house has undergone significant professional renovations to high specks and is barely recognisable. You can move in knowing that all the major repairs and renovations have been done for you. All it needs now is for you to add your personal style. I believe no other local houses in the current market have been improved to this degree.
Features include:
- New open plan living, dining and kitchen areas
- Complete new electrical wiring, electrical box and hardwired fire alarm
- New designer kitchen with induction cooktop, GE exhaust fan and GE integrated dishwasher
- New plumbing throughout the house with a new bathroom, bath furnishings and tiling
- Grade 4 woollen batting installed in the roof and walls
- Replastering of the walls and ceilings in the public areas
- Rustic polished Tasmania Oak floorboards with new skirtings
- New decking and ramp to the back door for easy access for prams, wheelchairs or less-abled people
- New lighting fixtures throughout
- New sunblock blinds
- New awning windows
- New Daikin inverter heat/cooling system
- New carpets in the 3 bedrooms
- New professional paintwork throughout the house
In summary, my house offers:
- Open plan kitchen, dining and loungeroom
- 3 large bedrooms
- New kitchen and bathroom with all new appliances
- Entrance porch
- Internal laundry area off the kitchen
- Small deck at back door
- Double carport plus parking areas in the drive
- Big land size
- Separate 'studio' /garden workroom with hot/cold water connection
- huge under-house storage area with lighting for easy access
Land tax: $985 per annum
To enquire, please email or call 1300 815 051 and enter code 1181
Listing description written by Property Now, PropertyNow — reproduced as published, not verified by Districts.