City of Monash

Chadstone

VIC3148

Chadstone at a glance

Median house

$1,200,000

Median unit

$893,000

Walk score

70

Very walkable

Population

9,552

Median age 35

The brief

What to know about Chadstone.

The postcode for Chadstone is 3148 (VIC), part of Greater Melbourne.

The median house price in Chadstone is $1,200,000.

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.

Side by side

Compare Chadstone with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

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 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.

Schooling within or near the suburb covers 10 government primary, 1 government secondary, 6 Catholic, 2 independent.

Who lives here

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.

Population

9,552

Median age

35

Family households

68%

Lone person

24%

Demographics data as of May 2026· ABS 2021 Census

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.

See what you can borrow

Market

The price of a home here.

Median house price

$1,200,000

+0.0% over the past year. Median unit price $893,000.

Sales data as of May 2026· sales-vic

Rental and ownership

Weekly rent (house)

$630/wk

Weekly rent (unit)

$580/wk

Owner occupied

58%

Renter occupied

39%

At a deeper level

Median House PriceSource: Land Victoria / DTP · May 2026

$1,200,000

Median Unit PriceSource: Land Victoria / DTP · May 2026

$893,000

PopulationSource: ABS Census 2021 · May 2026

9,552

Median age: 35

Rental data as of September 2025· rental-vic

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For investors

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 (House)

Source: Land Victoria / DTP · May 2026

2.73%

Based on $1,200,000 median

Gross Yield (Unit)

Source: Land Victoria / DTP · May 2026

3.38%

Based on $893,000 median

Annual Growth (House)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Annual Growth (Unit)

Source: Land Victoria / DTP · May 2026

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

58%

Higher = more owner-occupier demand

Days on Market

Source: Land Victoria / DTP · May 2026

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

805

total offences in 2025

Top offence categories

B Property and deception offences590 (73.3%)
A Crimes against the person97 (12.0%)
E Justice procedures offences92 (11.4%)
D Public order and security offences14 (1.7%)
C Drug offences12 (1.5%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of December 2025· State Police Open Data

Getting around

Walkability.

Walk Score

70

Transit Score

0

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Chadstone.

Local schools for Chadstone

View the catchment for each school to find out more.

Government School Catchment

Mount Waverley Heights Primary School

Prep-6CoEdGovernment
View Catchment

Malvern Valley Primary School

Prep-6CoEdGovernment
View Catchment

Oakleigh Primary School

Prep-6CoEdGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

639 mm

Hottest Month (avg max)

26.0°C

Coldest Month (avg min)

6.5°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Melbourne (Olympic Park) (65 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Chadstone.

What is the median house price in Chadstone?
The median house price in Chadstone, VIC 3148 is $1,200,000. The median unit price is $893,000.
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 of Melbourne, in VIC 3148. It is part of the Greater Melbourne area, in the City of Monash region.
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, Chadstone Centre, Jordanville, Ashwood, Oakleigh.
What is the population of Chadstone?
The population of Chadstone is approximately 9,552 (2021 Census). The median age is 35.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

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