Balgownie vs Chester Hill
Property investment comparison - Balgownie, NSW 2519 vs Chester Hill, NSW 2162
Head-to-head across core investment metrics: Balgownie wins 2, Chester Hill wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Balgownie | Chester Hill |
|---|---|---|
| Median house price | $1.4M | $1.4M |
| Median unit price | $940K | $820K |
| Gross rental yield (houses) | 3.21% | - |
| Gross rental yield (units) | 4.25% | 4.53% |
| 1-year house growth | +6.9% | +8.8% |
| 3-year house growth | +17.7% | +27.1% |
| Vacancy rate | 0.8% | 0.9% |
| Population | 5,722 | 14,007 |
Balgownie vs Chester Hill: what the numbers say
The median house price is $1.4M in Balgownie and $1.4M in Chester Hill, so Balgownie is the cheaper entry point.
For units, Balgownie sits at a median of $940K against $820K in Chester Hill, which makes Chester Hill the more affordable unit market and Balgownie the pricier one.
Over the past year house prices moved +6.9% in Balgownie and +8.8% in Chester Hill, so recent momentum favours Chester Hill, although both suburbs recorded growth.
Looking back three years, Balgownie houses are +17.7% and Chester Hill houses +27.1%, so Chester Hill has compounded faster than Balgownie over the longer window.
Rental vacancy is the same in both, at 0.8%.
Chester Hill is the bigger suburb, with a population of 14,007 against 5,722, roughly 2.4 times the size of Balgownie; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Balgownie for a lower purchase price, Chester Hill for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison