Chifley vs Phillip.
Comparing two suburbs with median house prices of $1,025,000 and $396,000. Phillip edges out on more headline metrics in this comparison.
Phillip (median $396,000) is roughly 159% cheaper to buy into than Chifley ($1,025,000).
Chifley skews owner-occupied (66%), Phillip runs more rental-dense (49% owner).
For buyers
Phillip is the lower entry point at $396,000 median, 159% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Phillip offers the higher gross rental yield (5.65% vs 2.18%), favouring cash-flow investors.
For families
Chifley has a heavier family-household mix (64% vs 50%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).
Common questions
Is Chifley or Phillip cheaper to buy in?
Phillip has the lower median house price at $396,000, roughly 159% below Chifley ($1,025,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, Chifley or Phillip?
Gross rental yield on houses is 5.65% in Phillip vs 2.18% in Chifley. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Chifley against another suburb