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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 1.91% 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 -17.39% compared to last year and the average time to sell a house/townhouse is 166 days.The median listing price for units is $497,500 and this has changed -1.49% over the past year. The average unit takes 187 days to sell and the median rent for a unit in Chadstone is $540 per week, producing a rental yield of 5.64%.

Supply & Demand in Chadstone, Monash

1.13%

Current vacancy rate


51

Rental stock available


8,641

Population


34.51%

Rental population


1.04%

Current vacancy rate


863

Rental stock available


182,612

Population


26.76%

Rental population


0.94%

Current vacancy rate


29,256

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 $965,000 $497,500
Median price change - last quarter -3.23% 0.78% 3.64%
Median price change - 1 year 1.91% -3.02% -1.49%
Median price change - 2 years 9.09% 2.65% 3.64%
  House Townhouses Units
Median weekly rent $595 $680 $540
Median yield % 2.57% 3.66% 5.64%
Median rent change - 1 year 8.18% 4.61% 9.09%
  House Units
Previous month sales 7 2
Stock on market previous month 38 12
Stock variance vs. last year -17.39% -33.33%
Average days on market 166 187

Chadstone investment property listings

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