Chadstone
Nearly half of Chadstone residents were born overseas, while 56.2% have university qualifications and the suburb carries a density of 3,061.4 people per sq km. That combination helps explain its professional, multicultural profile and steady demand around a major retail and employment hub. Compared with nearby Mount Waverley, Chadstone reads as a denser suburban market, with 9,552 residents across 3.12 sq km and a mixed housing pattern: 55.2% separate houses, 26.1% semi-detached homes and 18.8% apartments. Household income sits at the 74.6th percentile, supporting a high-value market, although 40.0% of dwellings are rented.
Population
9,552
Median Age
35.0
Household IncomeiMedian weekly household income (ABS Census)
$1,991/wk
DAs (12 months)iDevelopment Applications lodged in the past year
74
Median House
$1.4M
October to December 2025
The monthly mortgage figure is $2,250, equal to 26.1% of household income, and mortgage stress is not flagged at that ratio. Choice is shaped by a mixed but still house-led stock profile: 55.2% separate houses, 26.1% semi-detached homes and 18.8% apartments. Three-bedroom homes account for 45.1%, while 4-plus-bedroom dwellings make up 27.3%, suiting families who value space but can accept attached housing. Compared with a lower-density area, Chadstone provides more entry formats, although the headline price remains high.
For Buyers
The monthly mortgage figure is $2,250, equal to 26.1% of household income, and mortgage stress is not flagged at that ratio. Choice is shaped by a mixed but still house-led stock profile: 55.2% separate houses, 26.1% semi-detached homes and 18.8% apartments. Three-bedroom homes account for 45.1%, while 4-plus-bedroom dwellings make up 27.3%, suiting families who value space but can accept attached housing. Compared with a lower-density area, Chadstone provides more entry formats, although the headline price remains high.
For Investors
Chadstone has a substantial rental base, with 40.0% of dwellings rented, weekly rent of $421 and a 9.3% vacancy rate. That rental exposure can support tenant demand, while the relatively high vacancy rate may give renters more choice than in a tightly supplied market. The 70 development applications lodged over 12 months point to active planning churn, including a proposal for 4 triple-storey townhouses, although applications are not construction completions. Overseas migration is the primary growth driver and the annual trend is 1.24%, supporting a demand case over time. Compared with an owner-dominated suburb, Chadstone has higher rental exposure, so investors should test holding costs, tenant turnover and project timing rather than rely on vacancy alone.
Development Activity
Total DAs
91
Last 12 Months
74
YoY ChangeiYear-over-year change in DA lodgements
+1750.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Chadstone
Open-register school locations for education access. This is not a school-quality ranking.
Salesian College Chadstone
Demographics
Chadstone's median age is 35, or 5.0 years below the national figure, and 49.8% of residents were born overseas, 28.2 percentage points above the national share. University attainment is 56.2%, also 26.1 points above national, which helps explain the strong professional presence and household income at the 74.6th percentile. Chinese, English, Greek and Indian ancestries are prominent, while Mandarin is spoken by 455 residents, Greek by 296 and Sinhal by 175. Average household size is 2.5, matching the national comparison, but family households remain important: 43.7% are couples with children and 38.0% are couples without children. These characteristics support a socially varied suburb with demand from both families and professionals.
Age Distribution
Bedrooms
Dwelling Structure
55.2%
Houses
26.1%
Townhouse
18.8%
Apartment
Tenure
Tenure is mixed: 25.0% own outright, 33.5% hold a mortgage and 40.0% rent. Three-bedroom dwellings lead at 45.1%, followed by 4-plus-bedroom homes at 27.3%, so the stock is more family-oriented than an apartment-heavy inner suburb despite 18.8% apartments. Household income is at the 74.6th percentile, yet prices remain above the earlier baseline, helping explain the split between ownership and renting.
Mortgage / mo
$2,250
Rent / wkiMedian weekly rent for new bonds (year ending Sep 2025), Homes Victoria bond data (year-ending median). Census 2021 median: $421.
$620
Bond data year ending Sep 2025 · houses $630 · units $580
HH Size
2.5
Personal Income / wk
$880
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
9.3%
Unoccupied
372
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
21.1%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
26.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
43.7%
Couples with children
38.0%
Couples, no children
15.8%
Single parent
2,540
Total families
Economy & Employment
Healthcare is Chadstone's largest listed industry at 16.3% with 635 workers, followed by Professional/Tech at 14.0% and Education at 10.6%. The occupation mix reinforces that pattern: 1,639 professionals, 679 managers and 651 clerical/admin workers. Labour-force participation is 66.1%, unemployment is 5.2%, and employment includes 3,170 full-time and 1,542 part-time workers. This creates varied job pathways because health, education and professional services are all significant. SEIFA is uneven by dimension: education and occupation rank in decile 9, IRSAD in decile 8 and IRSD in decile 7, while economic resources sit at decile 5. The IEO result is higher than the IER result, consistent with strong qualifications and professional roles alongside more mixed household resources. Retail at 8.7% and Finance at 8.1% add further employment links.
Unemployment
5.2%
Labour Force
5,318
Unemployed
275
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
62.9%
Part-time
30.6%
Participation
66.1%
Employed
5,043
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
56.2%
Postgraduate
17.7%
Born Overseas
49.8%
Dwellings
3,616
Transport to Work
Chadstone is practical for drivers and home-based workers: 51.4% travel as car drivers and 39.1% work from home, compared with 4.5% using public transport. One local school is Salesian College Chadstone, a Catholic secondary school, so families should confirm enrolment zones against the exact address. Recorded crime totalled 764 incidents, including 522 property and deception offences, with a rate of 80.0 per 1,000 residents, making property security worth checking. IRSAD sits in decile 8, indicating relative advantage, while density of 3,061.4 people per sq km brings retail and services closer but can reduce quiet-street feel. Compared with a lower-density suburb, Chadstone suits residents who value convenience and can manage busier roads.
Drive
51.4%
Public Transport
4.5%
Walk / Cycle
1.6%
Work from Home
39.1%
Population Forecast
+1.24%/yr
(+263 people/yr)
EstablishedChadstone is classified as an established area with an annual trend of 1.24%, driven primarily by overseas migration. Population change across the wider area is 20.0% over 10 years, while the shift trajectory is Stable, indicating ongoing expansion without a sharp change in direction. Gentrification indicators are mixed: the gentrification score is 28 at the Early signs stage, while the shift measure records a score of 45 and an Active stage. Compared with the COVID dip of -2.4%, the recorded recovery of 5.5% shows that demand regained ground after the disruption. Rent growth of 27.7% and real income growth of 30.4% also point to a market where affordability and redevelopment will remain important, even as growth stays measured rather than explosive.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+581
Net Internal / yr
-330
Gentrification Signal
Early signs
Population +25% since 2011, Net internal outflow -330/yr, Strong overseas inflow +581/yr, COVID recovered (-2% dip → full recovery)
Safety & Crime
Total Offences
764
Year ending June 2024
Rate per 1,000 People
80.0
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Chadstone compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Chadstone a good suburb to live in?
Chadstone suits residents who value a dense, convenient setting, with 9,552 people across 3.12 square kilometres and 39.1% working from home. It has 56.2% university-qualified residents and an IRSAD decile of 8, although car travel is more common than public transport at 51.4% versus 4.5%.
What schools are in Chadstone?
Salesian College Chadstone is a Catholic secondary school in Chadstone, making it 1 clearly identified local secondary option. Families should confirm the exact enrolment zone and intake arrangements before buying or renting, because access can differ by address.
Is Chadstone safe?
Recorded crime was 764 incidents, or 80.0 per 1,000 residents. Property and deception offences accounted for 522 cases, well above the 104 crimes against the person. Treat safety as street-specific by checking lighting, parking and activity around the exact property before deciding.
Is Chadstone good for property investment?
Chadstone can suit investors seeking an established rental market, with 40.0% of dwellings rented, weekly rent of $421 and vacancy of 9.3%. Overseas migration is the primary growth driver and the annual trend is 1.24%. However, 70 development applications in 12 months may add future competition, so compare property type, tenant demand and holding costs.
How is Chadstone's population changing?
Chadstone's current population is 9,552, with a median age of 35. Population change across the wider area is forecast at 20.0% over 10 years, while the annual trend is 1.24% and overseas migration is the main driver. The trajectory is Stable, so growth appears measured rather than rapid, with 49.8% of residents born overseas.
What development is happening in Chadstone?
Development activity is high in volume, with 70 applications recorded over 12 months. One example is a planning permit application for 4 triple-storey townhouses, while another concerns removal of 1 boundary canopy tree in a vegetation protection overlay. Applications do not guarantee construction, so check permit status, timing and likely impacts.
What languages are spoken in Chadstone?
Chadstone has a strong overseas-born population at 49.8%. Mandarin is the most common reported language with 455 speakers, followed by Greek at 296, Sinhal at 175, Canton at 155 and Hindi at 110. Compared with a less migration-shaped suburb, this language mix supports a broad range of local services and community connections.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), Valuer-General Victoria (house prices), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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