Oakleigh vs Chadstone.
Comparing two suburbs with median house prices of $1,351,000 and $1,200,000.
Chadstone (median $1,200,000) is roughly 13% cheaper to buy into than Oakleigh ($1,351,000).
Oakleigh scores higher on walkability (100/100 vs 70/100 ), useful if you're optimising for a car-light household.
For buyers
Chadstone is the lower entry point at $1,200,000 median, 13% 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.
Common questions
Is Oakleigh or Chadstone cheaper to buy in?
Chadstone has the lower median house price at $1,200,000, roughly 13% below Oakleigh ($1,351,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which is more walkable, Oakleigh or Chadstone?
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, Oakleigh or Chadstone?
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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Oakleigh against another suburb