Mark Mendel
South Coogee, NSW+18
Sydney · North Shore
Chatswood is a dynamic and multicultural hub on Sydney's Lower North Shore, blending a bustling, city-like commercial centre with quiet, leafy residential streets. Known for its world-class shopping, diverse culinary scene, and superb transport links, it offers a vibrant, convenient, and family-friendly lifestyle.
Market snapshot
Price register · May 2026
Median house
$3.05M - $4.10M
Mid-band $3.58Mspread 29%
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Create Your Free ProfileLast reviewed 13 May 2026
Median unit
$925,000 - $1.25M
Mid-band $1.09Mspread 30%
Days on market
~29-69 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
Private-treaty market
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
1.9% to 2.9%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+38% to +58%
cumulative since 2021Who buys here
Young professionals · Families with children · Investors
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Chatswood property market presents a fascinating tale of two distinct yet interconnected segments: a high-performing, resilient house market and a high-volume, more volatile apartment market. As a key commercial and transport hub for Sydney's North Shore, its real estate is driven by powerful fundamentals of convenience, amenity, and strong cultural appeal.
For detached houses, the median price has reached a formidable $3.56M, reflecting a significant year-on-year growth of 9.6%. This appreciation is underpinned by classic supply and demand dynamics. The stock of freestanding homes in Chatswood is limited, particularly in the quieter, leafy pockets away from the CBD core. These properties are tightly held, with long average ownership periods. Demand comes from affluent families drawn to the area's excellent schools, parks, and safe environment, who are willing to pay a premium for space and lifestyle. The five-year growth for houses stands at an impressive 48.3%, demonstrating sustained long-term buyer confidence in the suburb's fundamentals.
The unit market operates on a different scale. With a median price of $1.09M, it offers a more accessible entry point to the suburb. However, this market is more susceptible to fluctuations, as evidenced by a -5.7% change over the past year. This is largely due to the significant supply of new high-rise apartment towers constructed over the last decade. While this has increased density and housing choice, it also means the market can be sensitive to economic shifts and changes in investor sentiment. Despite the recent price dip, the rental market for units remains robust, with a strong rental yield of 4.1%, driven by demand from young professionals, students, and those seeking proximity to the transport interchange.
As a key transport and commercial hub with continuous infrastructure investment, Chatswood offers a rare blend of vibrant city living and stable, family-oriented residential appeal.
Investment in the area is a key driver. The Sydney Metro line has further enhanced Chatswood's status as a 'super hub', providing rapid, high-frequency services to the CBD, Macquarie Park, and beyond. This infrastructure makes it a magnet for renters and, consequently, investors looking for reliable rental income and long-term capital growth potential. The ongoing $600 million redevelopment of Chatswood Chase is set to further elevate the suburb's retail and dining offering, adding to its lifestyle appeal and likely placing upward pressure on property values in the long run.
Looking forward, the market's duality will likely continue. The house market is expected to remain a premium, low-turnover segment with steady growth, while the unit market will offer opportunities for buyers and investors but will be more closely tied to broader economic conditions and supply pipelines.
Why a buyers agent
In a market as diverse and fast-paced as Chatswood, a buyer's agent provides a critical advantage. The suburb is not one single market, but several micro-markets. There's a world of difference between a Federation-era home on a quiet street in the west and a brand-new apartment in a high-rise tower next to the station. An expert agent possesses the granular knowledge to distinguish between these, understanding the nuances of specific buildings, streets, and school catchments that data alone can't reveal. Furthermore, a significant number of premium houses in Chatswood are traded off-market to avoid the publicity of a full sales campaign. A well-connected buyer's agent has access to these exclusive opportunities, giving their clients a first look at properties that never hit the open market. They can also navigate the complexities of a highly multicultural market, understanding the specific desires and negotiation styles of different buyer and seller demographics. For investors, an agent can identify high-yield apartment opportunities, steering them away from buildings with potential issues and towards those with strong rental demand and capital growth prospects.
As a major hub for trains, the Sydney Metro, and extensive bus routes, Chatswood offers unparalleled access to the entire city, making commutes to the CBD or Macquarie Park fast and efficient.
With two major shopping centres, Westfield and Chatswood Chase, and a vibrant dining scene famous for its authentic Asian cuisine, all amenities are at your doorstep.
The suburb is a magnet for families due to its highly-ranked public schools like Chatswood Public and Chatswood High, along with respected private school options.
A combination of high rental demand, continuous infrastructure investment, and a diverse housing stock makes Chatswood a resilient and attractive market for property investors.
The suburb's dynamic cultural mix creates a lively, welcoming atmosphere with a rich calendar of community events, markets, and festivals.
Compare
| Metric | This suburbChatswood | NearbyLane Cove | NearbyWilloughby |
|---|---|---|---|
| Median house | $3.05M - $4.10M | $2.75M - $3.70M | $3.30M - $4.45M |
| Median unit | $925,000 - $1.25M | $825,000 - $1.10M | $1.30M - $1.70M |
| Auction clearance | — | — | 53% to 63% |
| Days on market | ~29-69 days | ~17-39 days | ~16-38 days |
| Year-on-year growth | +5% to +15% | -10% to +0% | +4% to +14% |
| 5-year growth | +38% to +58% | — | +36% to +56% |
| Rental yield | 1.9% to 2.9% | 3.6% to 4.6% | 1.8% to 2.8% |
| Postcode | 2067 | 2066 | 2068 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Chatswood is a major suburb on the Lower North Shore of Sydney, located 10 kilometres north of the CBD. It stands as a unique blend of a high-density, vibrant urban centre and traditional suburban calm. The central business district is a bustling hub of commerce and culture, dominated by towering office buildings and apartment complexes. It is home to two major shopping destinations: the expansive Westfield Chatswood and the more premium Chatswood Chase, which is undergoing a significant luxury upgrade. These centres, along with the Asian-themed Mandarin Centre and the pedestrianised Victoria Avenue Mall, offer an exhaustive retail experience.
The suburb's culinary scene is one of Sydney's best, reflecting its rich multicultural fabric, with a particularly strong East Asian influence. Food precincts like The District at the Interchange and Hawker Lane in Westfield offer a vast array of authentic Chinese, Japanese, Korean, and Malaysian cuisines.
Transportation is a cornerstone of Chatswood's appeal. The Chatswood Transport Interchange is a major nexus for Sydney Trains, the driverless Sydney Metro, and numerous bus services, providing rapid access to the CBD, Macquarie Park, and the greater Sydney area.
For families, the suburb is highly sought after for its excellent schools. These include the well-regarded Chatswood Public School and the partially selective Chatswood High School, as well as private options like St Pius X College for boys and the International Chinese School.
Despite its urban density, Chatswood offers ample green space. Beauchamp Park provides ovals, playgrounds, and bike tracks, while Ferndale Park offers a glimpse into the area's original bushland setting. The suburb's housing is a mix of post-war Californian bungalows and modern architectural homes on its quieter streets, contrasted with the thousands of apartments that define its skyline.
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 13 May 2026. Updated quarterly.
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