The demographics of Chiswick’s population
Chiswick is a beautiful and historic suburb with a rich history dating back to the Roman era, with evidence of a settlement found in the area. Today, Chiswick is a popular destination for residents and visitors alike, known for its picturesque streets, charming shops, and wide range of restaurants and pubs. One of the most interesting things about Chiswick is its location on the River Thames, providing residents with beautiful riverside views and access to recreational activities such as boating and fishing.
Population
Chiswick has a population of around 82,000 – higher than the London average of 75,000 – which has been growing in recent years and is expected to continue to do so in the future. This is a positive sign for investors considering a buy-to-let property in the area.
It also has a higher proportion of older residents, the largest age group being those aged between 45 and 64, making up around 27% of the population. However, there is also a significant proportion of younger residents, with around 21% of the population aged between 25 and 44. This demographic mix is worth noting as it will affect the types of tenants that are likely to be interested in renting.
The area has a higher proportion of renters compared to the UK average. This is partly due to the high cost of buying property in the area, but ultimately is a positive sign for investors as it suggests that there will be a steady demand for rental properties in the area.
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Employment
The employment rate is also higher than the UK average of 75.50%, with around 78% of the population being in employment. This is largely due to the high number of professional and managerial jobs in the area, which attract a highly educated and affluent population. This indicates that there will be a higher number of people able to afford their rent.
Education
Chiswick has a higher proportion of residents with degrees compared to the UK average. There are also a number of students in Chiswick, with several primary and secondary schools, and a campus of the University of West London located close to the area. This suggests that there will be a steady demand for rental properties from students.
Crime rate
Chiswick has a lower crime rate than the average London borough, and lower crime rate compared to the UK average. This is an important factor to consider when investing in a property, as it suggests that the area is a safe and desirable place to live.
Conclusion
Chiswick is a beautiful and historic suburb with a higher proportion of older residents and a higher proportion of renters compared to the UK average. With its high employment rate, high number of residents with degrees and the lower than average crime rate, Chiswick is an attractive area for investing in a buy-to-let property.
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