From Life in Chippendale: “Chippendale Property on the Rise.” According to today’s Sunday Telegraph, Chippendale was #2 on the list of best performing Sydney suburbs in terms of property value. Over the last 12 months, the median property value here rose by more than 25%. Sweeeeet. The actual median price in Chippo is around $640K, but we paid substantially less than that for our 3 bedroom town house. (Note: I think the previous owners could’ve easily gotten that amount if they’d wanted the hassle of going to auction.) So if/when we ever decide to sell, it looks like there’s a good chance we’ll be making a profit!
