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Investment Property Chadstone, VIC, 3148

Suburb Snapshot

Chadstone is a suburb in the Monash Region of Victoria. Chadstone has a population of 8,641 people and 34.51% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 0.00% over the past year and changed 9.09% over 2 years.

The median rent in Chadstone for houses is $595 per week and the median rental yield is 2.57%. Stock on the market for houses/townhouses has changed -25.53% compared to last year and the average time to sell a house/townhouse is 178 days.The median listing price for units is $490,000 and this has changed -3.93% over the past year. The average unit takes 186 days to sell and the median rent for a unit in Chadstone is $540 per week, producing a rental yield of 5.73%.

Supply & Demand in Chadstone, Monash

1.00%

Current vacancy rate


45

Rental stock available


8,641

Population


34.51%

Rental population


1.02%

Current vacancy rate


845

Rental stock available


182,612

Population


26.76%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Chadstone, Monash

  House Townhouses Units
Median listing price $1,200,000 $950,000 $490,000
Median price change - last quarter -3.23% 0.78% 3.64%
Median price change - 1 year 0.00% -1.56% -3.93%
Median price change - 2 years 9.09% 0.00% -0.92%
  House Townhouses Units
Median weekly rent $595 $685 $540
Median yield % 2.57% 3.74% 5.73%
Median rent change - 1 year 4.38% 5.38% 9.09%
  House Units
Previous month sales 8 4
Stock on market previous month 35 15
Stock variance vs. last year -25.53% -6.25%
Average days on market 178 186

Chadstone investment property listings

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