Chisholm vs Monash

Chisholm (median $830,000) is roughly 7% cheaper to buy into than Monash ($895,500).

Buying in Chisholm or Monash?

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Chisholm and Monash side by side

MeasureChisholmMonash
Price and market
Median house$830,000$895,500
Median unit$316,800$700,000
Renting
House rent$430/wk$462/wk
Unit rent$410/wk$450/wk
Owner occupied79.0%74.0%
Renter occupied20.0%19.0%
Schools
Schools nearby2020
Average ICSEA10361040
Lifestyle and people
Walk score06
Transit score80100
Bike score100100
Population5,2685,644
Median age3743
Climate
Annual rainfall648 mm648 mm
Mean max, January28.8°C28.8°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

Monash scores higher on walkability (0/100 vs 6/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Monash (1040) sits above Chisholm (1036).

For buyers
Chisholm is the lower entry point at $830,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Chisholm offers the higher gross rental yield (2.69% vs 2.68%), favouring cash-flow investors.
For families
Monash edges out on average school ICSEA (1040 vs 1036).

Chisholm vs Monash: common questions

Is Chisholm or Monash cheaper to buy in?

Chisholm has the lower median house price at $830,000, roughly 7% below Monash ($895,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Chisholm or Monash have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Monash scores 1040 vs 1036 in Chisholm. 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, Chisholm or Monash?

Monash scores 6/100 on walkability vs 0/100. 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, Chisholm or Monash?

Gross rental yield on houses is 2.69% in Chisholm vs 2.68% in Monash. 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.