Thinking about buying in Cheynes? Now could not be a better time, with just 16 residential dwellings it's a highly sought after location.
Distance to the coast is 0 Km.
In Cheynes there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Cheynes are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Cheynes leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Cheynes to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$190.00|
|Median Monthly Mortgage||$1083.00|
|Median Persons Per Bedroom||0.80|
|Average Household Size||2.00|
|Average Cars Per Dwelling||2.90|
|Average Properties Within 50M||2.00|
None within suburb boundary(While the above schools are located with the suburb of Cheynes there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
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source: Australian Government Bureau of Meteorology
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