Suburb Profile Report for Chadstone VIC (3148)

Chadstone House: Median price $1,035,000, Annual capital growth 9.91%, Number of sales 69, Weekly median advertised rent $449

Chadstone Unit: Median price $660,000, Annual capital growth 6.44%, Number of sales 93, Weekly median advertised rent $425

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Chadstone has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.11%

A 73.95% growth in median value for property investors in Chadstone,3148 puts this suburb at number 425th in terms of best performing suburbs in VIC

Chadstone, 3148 is offering VIC ‘s 225th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.

The VIC suburb of Chadstone, 3148 is in the Monash local government area.

Property value increases in Chadstone have tracked higher than the VIC average of 4.79% over the last 12 months.

A 32.00% growth in median value for property investors in Chadstone,3148 puts this suburb at number 208th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Chadstone are currently offering property investors an average price cut of -1.54% below the asking price at the moment.

Residents and property investors in Chadstone have been waiting around 84.58 days to sell a property.

Chadstone is 292th on a list of best yielding suburbs for rents in VIC with a 3.35% return

Metrics i HOUSE UNIT
$1,035,000 $660,000
1.72% 0.76%
10.11% 16.50%
9.91% 6.44%
$449 $425
69 93
2.26% 3.35%
66.64 84.58

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7819
Median household income ($/weekly) 1233
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    20-24 years 937 12.0
    25-34 years 1650 21.1
    35-44 years 1113 14.2
    45-54 years 859 11.0
    55-64 years 718 9.2
    Others 2545 32.5
    Age Group
    Census Count Percent(%)
    Not Married 3100 49.8
    Registered Married 2629 42.3
    Defacto Relationship 492 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3737 50.7
    Croatia 651 8.8
    Hong Kong 272 3.7
    Indonesia 327 4.4
    Other 617 8.4
    Others 1764 23.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 506 7.1
    Christianity 4096 57.4
    Hinduism 272 3.8
    Islam 238 3.3
    No Religion 1832 25.7
    Others 197 2.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 255 9.8
    $600-$799 210 8.1
    $1,000-$1,249 230 8.9
    $1,500-$1,999 328 12.6
    $2,000-$2,499 226 8.7
    Others 1346 51.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2365 37.4
    Not in the labour force 2222 35.2
    Employed, worked part-time 1245 19.7
    Unemployed, looking for work 262 4.1
    Employed, away from work 227 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 427 11.1
    Professionals 990 25.8
    Technicians & trades workers 484 12.6
    Clerical & administrative workers 563 14.7
    Sales 410 10.7
    Others 960 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 106 5.5
    Infants/Primary 368 19.0
    Secondary 366 18.9
    Technical or Further Educational Institution 331 17.1
    University or other Tertiary Institutions 675 34.9
    Others 87 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5536 74.8
    Semi-detached, row or terrace house, townhouse 1538 20.8
    Flat, unit or apartment 325 4.4
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1078 38.4
    Fully owned 886 31.5
    Being purchased 832 29.6
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals