Chadstone vs Oakleigh
Chadstone (median $1,200,000) is roughly 11% cheaper to buy into than Oakleigh ($1,351,000).
Buying in Chadstone or Oakleigh?
Selling in Chadstone? The free selling guide
Chadstone and Oakleigh side by side
| Measure | Chadstone | Oakleigh |
|---|---|---|
| Price and market | ||
| Median house | $1,200,000 | $1,351,000 |
| Median unit | $893,000 | $560,000 |
| Renting | ||
| House rent | $630/wk | $630/wk |
| Unit rent | $580/wk | $580/wk |
| Owner occupied | 58.0% | 63.0% |
| Renter occupied | 39.0% | 35.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1113 | 1113 |
| Lifestyle and people | ||
| Walk score | 70 | 100 |
| Transit score | 0 | 80 |
| Bike score | 100 | 100 |
| Population | 9,552 | 8,442 |
| Median age | 35 | 38 |
| Climate | ||
| Annual rainfall | 748 mm | 748 mm |
| Mean max, January | 26.3°C | 26.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Oakleigh scores higher on walkability (70/100 vs 100/100 ), useful if you're optimising for a car-light household.
- For buyers
- Chadstone is the lower entry point at $1,200,000 median, 11% 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 2.42%), favouring cash-flow investors.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Chadstone vs Oakleigh: common questions
Is Chadstone or Oakleigh cheaper to buy in?
Chadstone has the lower median house price at $1,200,000, roughly 11% below Oakleigh ($1,351,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Chadstone or Oakleigh?
Oakleigh scores 100/100 on walkability vs 70/100. 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 Oakleigh?
Gross rental yield on houses is 2.73% in Chadstone vs 2.42% in Oakleigh. 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.
Keep comparing
The two suburbs
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