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Chisholm

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Chisholm, NSW 2322 is an emerging suburb located approximately 25 kilometers north-west of Newcastle, within the Maitland region. Known for its mix of modern suburban developments and semi-rural charm, Chisholm is growing rapidly, particularly within the Thornton-Cameron Park area. New housing estates, such as Waterford County, have made the suburb an attractive choice for families, especially with its reputable schools like St. Aloysius Catholic Primary School and St Bede's Catholic College. Chisholm offers a tranquil lifestyle with parks, walking tracks, and community facilities, making it ideal for those seeking a peaceful yet connected community.

Area Summary:

  1. Location and Accessibility:

    • Situated in Maitland, 25 kilometers from Newcastle, within the Thornton-Cameron Park area.

    • Close to essential amenities, schools, and parks.

  2. Population & Dwellings:

    • Estimated Dwellings: 4,577.

    • Adult Population: Data unavailable.

    • Average School Rank: Composite score based on NAPLAN and ACARA data.

  3. Housing Market:

    • Typical House Price: $1,015,000.

    • Median Rent: $721/week.

    • Gross Yield: 3.69%.

    • RCS™ (Houses):

      • Lower Risk: 11/100, indicating moderate risk.

      • Capital Growth: High potential for long-term price growth.

      • Cashflow: Positive with strong rental yield.

  4. Market Activity & Demand:

    • Annual Sales Volume: Reflects high activity in the property market.

    • Days on Market: 48 days, indicating moderate demand.

    • Vacancy Rate: Balanced at 1%, showing steady rental market activity.

    • Demand Profile: High demand for houses with varying preferences for bedroom numbers.

  5. Socio-Economic Factors:

    • IRSAD (Socio-Economic Advantage): Scores 2/10, indicating lower socio-economic advantage.

    • Renter to Owner Ratio: 27% renters, suggesting a balanced property market.

    • Affordability Index: Moderate affordability, with a projected "Years to Own" of 25-35 years.

  6. Supply and Infrastructure:

    • Stock on Market: 0.49%, indicating limited property supply.

    • Inventory Levels: 1.08 months of supply, suggesting a competitive market.

    • Building Approvals Ratio: 0.74%, reflecting moderate development activity.

    • Hold Period: 5.64 years, indicating a moderately tightly-held market.

  7. Investment Metrics:

    • Projected ROI: Range of 2% to 14%, showing good growth potential.

    • Volatility Index: Low volatility, indicating stable market conditions.

  8. Additional Factors:

    • Search Index: Balanced demand for both buying and renting, at average levels.

    • Auction Clearance Rate: Not available, though regional trends suggest healthy demand for property.

Summary:

Chisholm offers a rapidly growing suburban environment with strong potential for capital growth and solid rental yields. The suburb boasts a balanced socio-economic landscape and steady demand for housing, driven by new developments and proximity to schools and amenities. With limited property supply and moderate risk, Chisholm is an attractive option for both homeowners and investors looking for long-term growth.

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