Chadstone
Suburb profile, market snapshot and recent listings for Chadstone, VIC 3148.
About Chadstone
Welcome to Chadstone
Chadstone sits around 15 kilometres south-east of Melbourne's CBD, best known nationally as the home of Australia's largest shopping centre but, at street level, a quietly settled residential suburb built around that retail hub. It's bordered by Hughesdale, Ashwood, Ashburton, Murrumbeena and Malvern East, placing it firmly in Melbourne's leafy middle-ring south-east, within easy reach of both the Monash Freeway and the Dandenong rail corridor.
With a population of just over 9,500 and a median age of 35, Chadstone attracts a mix of young professionals, downsizers and families drawn by the combination of convenience, established housing stock and proximity to some of the inner south-east's better-known schools and shopping. It's a suburb that rewards people who want to be close to everything without paying inner-city prices.
Lifestyle & dining
Life in Chadstone revolves substantially around Chadstone Shopping Centre, and there's no getting around that — but it means residents have an enormous range of cafes, restaurants and specialty food outlets on their doorstep, from quick lunch spots to sit-down dining, all without leaving the suburb. Beyond the centre, the surrounding streets are quiet and residential, and locals often head into neighbouring Malvern East or Murrumbeena for smaller, café-strip style dining and a change of pace from the mall.
Schools & families
Families in Chadstone have access to Berengarra School's Chadstone campus and Salesian College Chadstone, both within the suburb itself, and a wider catchment of well-regarded schools across neighbouring Ashwood, Ashburton and Malvern East. The suburb's mix of established family homes and newer townhouse developments suits households at different life stages, from young families to older residents looking to downsize without leaving the area.
Getting around
Chadstone's location just off the Monash Freeway makes it a straightforward drive into the CBD or out towards the outer south-east and Gippsland, while Warrigal Road and Dandenong Road provide easy connections to surrounding suburbs. The suburb is well served by bus routes linking into the Dandenong and Glen Waverley train lines via nearby stations in Hughesdale and Murrumbeena, giving residents train access without a station directly in Chadstone itself. For a suburb built around a major shopping destination, traffic around the centre can be busy at peak times and on weekends, which is worth factoring in for those buying nearby.
Parks & recreation
While Chadstone isn't defined by parkland in the way some of its neighbours are, there are still local reserves and sporting grounds scattered through the suburb and into bordering Ashwood and Ashburton, offering room for walking, informal sport and everyday outdoor time. The Gardiners Creek trail network, accessible via nearby suburbs, gives residents a further option for walking and cycling away from traffic.
The property market
Chadstone's housing stock is a genuine mix, with current listings showing 43% houses, 36% townhouses, 17% apartments or units and a small 4% of land, reflecting a suburb that has seen steady medium-density development alongside its original detached housing. The median house price sits at $1.13 million, having grown 10.2% recently, while units and apartments offer a considerably more accessible entry point at a median of $511,000. Median weekly rent across the suburb is $690, underlining solid rental demand driven by the suburb's shopping, transport and freeway access. For buyers, that spread between house and unit prices means Chadstone can suit very different budgets, from those chasing a townhouse or apartment near the shops to families after a freestanding home on a larger block.
Shopping
It would be an omission not to give Chadstone Shopping Centre its due weight here — as one of the country's biggest retail destinations, it anchors the suburb's identity and brings department stores, fashion, homewares, cinemas and dining together in one place. For residents, this means everyday shopping and larger retail therapy are both handled locally, a genuine point of difference from most other Melbourne suburbs of this size.
Market snapshot
Chadstone property market
Median sale price
$1.13m
House · 3 bed
Median rent
$690
per week
Gross rental yield
3.2%
annual rent ÷ sale price
Typical price range
Entry
$835k
Median
$1.13m
Premium
$1.43m
Days on market
39
Auction clearance
69%
Sold this year
63
Median sold price trend · House 3 bed
Compound growth -1.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Chadstone by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Chadstone, VIC 3148.
Population
9,552
residents (2021)
Median age
35
years
Household income
$1,991
median, per week
Median rent
$421
per week
Median mortgage
$2,250
per month
Mortgage / income
26%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Chadstone
Independent & Catholic schools
Berengarra School - Chadstone Campus
Recent results
Recently sold in Chadstone
$992k
1/5 Vision Street
Sold ~July 2026
$1.40m
33 Atkinson Street
Sold ~June 2026
$975k
5 Hiscock Street
Sold ~June 2026
$800k
1/5 Stapley Crescent
Sold ~June 2026
$865k
1/5 Bambil Street
Sold ~June 2026
$690k
4/2-4 Newton Street
Sold ~June 2026
$480k
105/25 Collins Street
Sold ~June 2026
$470k
430/70 Batesford Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Chadstone
Compare the area
Price map around Chadstone
Every listing for sale near Chadstone, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Chadstone suburb FAQ
What is the median property price in Chadstone?
The median house price in Chadstone, VIC is $1.13m for a 3-bedroom home. Over the past year, median sold prices have risen about 10.2%.
How much is rent in Chadstone?
The median weekly rent in Chadstone is around $690 per week.
Is Chadstone a good place to live?
Chadstone is a suburb in Melbourne, Victoria, Australia, 14 km (8.7 mi) south-east of Melbourne's Central Business District, located within the City of Monash local government area. Chadstone is an established residential suburb in VIC, with a population of around 9,552 and 2 schools in the area.
What is the population of Chadstone?
Chadstone has a population of 9,552 (ABS 2021 Census), with a median age of 35.
What schools are in Chadstone?
There are 2 schools in or near Chadstone, including Berengarra School - Chadstone Campus and Salesian College Chadstone.
How long do homes take to sell in Chadstone?
Properties in Chadstone take around 39 days to sell on average, with an auction clearance rate of about 69%.
How much do you need to buy in Chadstone?
Entry-level properties in Chadstone start around $835k, while premium homes reach $1.43m.
What suburbs are near Chadstone?
Suburbs near Chadstone include Hughesdale, Ashwood, Ashburton, Murrumbeena and Malvern East.
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