Chadstone, VIC 3148
City of MonashAll suburbs in postcode 3148
Updated
Median house price
$1,200,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Chadstone?
Get the free selling guide, personalised to Chadstone, or ask for a free appraisal from a local agent.
Chadstone at a glance
- Median unit
- $893,000
- Weekly rent
- $630
- Houses · units $580
- Population
- 9,552
- Median age 35
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Chadstone
Houses change hands at $1,200,000 on a typical sale, above the Victoria median. Units come in around $893,000, roughly 26% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $240,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Chadstone
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What to know about Chadstone
Chadstone (3148) sits in the Monash region of Victoria. The median house here is $1,200,000, above the Victoria median of around $850K.
Chadstone has roughly 9,552 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Chadstone scores 70/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 748 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 1 government secondary, 6 Catholic, 2 independent.
Schools in Chadstone
Schools serving Chadstone: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 70/100
- Transit
- 0/100
- Bike
- 100/100
Very walkable. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Chadstone's population at 9,552, with a median age of 35. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (58% own, 39% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 68%
- Lone person
- 24%
- Owner occupied
- 58%
- Renter occupied
- 39%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.73% (median rent $630/wk against a $1,200,000 price tag). Units yield 3.38% gross, often the better cash-flow play for first-time investors. With 39% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.73%
- On the $1,200,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 3.38%
- On the $893,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
903 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 748 mm
- Hottest month, avg max
- 26.3°C
- Coldest month, avg min
- 6.4°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Chadstone
- What is the median house price in Chadstone?
- The median house price in Chadstone, VIC 3148 is $1,200,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $893,000.
- How much is my house worth in Chadstone?
- A useful starting point is the Chadstone median house price of $1,200,000 (units $893,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Chadstone a good investment?
- On the published figures, the gross rental yield on houses in Chadstone is 2.7%: the median weekly house rent is $630 (Victorian rental report, September 2025) against the median house price of $1,200,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Chadstone: the Land Victoria figures we hold do not measure one. Whether Chadstone is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Chadstone postcode?
- Chadstone is in the 3148 postcode, in VIC, in the City of Monash region.
- Where is Chadstone?
- Chadstone is a suburb in the City of Monash area, VIC 3148.
- What is the average rent in Chadstone?
- The median weekly rent for houses is $630, for units it's $580.
- What schools are in Chadstone?
- There are 20 schools serving Chadstone on this page, including Salesian College Chadstone, Mount Waverley Heights Primary School, Malvern Valley Primary School.
- How walkable is Chadstone?
- Chadstone has a Walk Score of 70 out of 100, very walkable. transit score 0, bike score 100.
- What suburbs are near Chadstone?
- Chadstone is close to Holmesglen, Jordanville, Ashwood, Oakleigh, Hughesdale.
- What is the population of Chadstone?
- The population of Chadstone is approximately 9,552 (2021 Census). The median age is 35.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.