Side by sideSuburb comparison

Chadstone vs Ashwood.

Comparing two suburbs with median house prices of $1,200,000 and $1,570,000. Chadstone edges out on more headline metrics in this comparison.

Chadstone (median $1,200,000) is roughly 24% cheaper to buy into than Ashwood ($1,570,000).

Chadstone scores higher on walkability (70/100 vs 50/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Ashwood (1124) sits above Chadstone (1113).

The takeWhich suburb suits which buyer

For buyers

Chadstone is the lower entry point at $1,200,000 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Chadstone offers the higher gross rental yield (2.73% vs 1.36%), favouring cash-flow investors.

For families

Ashwood edges out on average school ICSEA (1124 vs 1113).

Common questionsChadstone vs Ashwood

Common questions

Is Chadstone or Ashwood cheaper to buy in?

Chadstone has the lower median house price at $1,200,000, roughly 24% below Ashwood ($1,570,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Chadstone or Ashwood have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Ashwood scores 1124 vs 1113 in Chadstone. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Chadstone or Ashwood?

Chadstone scores 70/100 on walkability vs 50/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Chadstone or Ashwood?

Gross rental yield on houses is 2.73% in Chadstone vs 1.36% in Ashwood. 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

Chadstone
Metric
Ashwood

Price & Market

$1,200,000
Median house
$1,570,000
$893,000
Median unit
$1,030,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$630/wk
Rent (house / wk)
$410/wk
$580/wk
Rent (unit / wk)
$391/wk
58.0%
Owner occupied
60.0%
39.0%
Renter occupied
37.0%

Lifestyle & Demographics

70
Walk score
50
0
Transit score
0
100
Bike score
100
9,552
Population
7,154
35
Median age
39

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1113
Avg ICSEA
1124

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).