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Chain Of Lagoons vs Chigwell

Property investment comparison - Chain Of Lagoons, TAS 7215 vs Chigwell, TAS 7011

Head-to-head across core investment metrics: Chain Of Lagoons wins 0, Chigwell wins 3. 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.

MetricChain Of LagoonsChigwell
Median house price$600K$590K
Median unit price--
Gross rental yield (houses)4.51%5.00%
Gross rental yield (units)-3.31%
1-year house growth-+20.3%
3-year house growth-+10.5%
Vacancy rate2.3%1.2%
Population292,050

Chain Of Lagoons vs Chigwell: what the numbers say

The median house price is $600K in Chain Of Lagoons and $590K in Chigwell, so Chigwell is the cheaper entry point, with Chain Of Lagoons houses about 2% dearer.

On cash flow, Chigwell leads: houses there return a gross rental yield of 5.00%, compared with 4.51% in Chain Of Lagoons, a gap of 0.49 percentage points.

Rental vacancy is 1.2% in Chigwell and 2.3% in Chain Of Lagoons, so landlords in Chigwell face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chigwell is the bigger suburb, with a population of 2,050 against 29, roughly 71 times the size of Chain Of Lagoons; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chigwell for rental income, Chigwell for a lower purchase price, Chigwell for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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