2/21 Torquay Avenue

Chadstone VIC 3148

The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2011 was 7,819 people. By 2016 the population was 8,626 showing a population growth of 10.3% in the area during that time. The predominant age group in Chadstone is 20-29 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation. In 2011, 59.6% of the homes in Chadstone were owner-occupied compared with 57.5% in 2016.

Chadstone has 5,045 properties. Over the last 5 years, Houses in Chadstone have seen a 28.56% increase in median value, while Units have seen a 20.13% increase. As at 30 September 2024:

• The median value for Houses in Chadstone is $1,280,760 while the median value for Units is $876,259.
• Houses have a median rent of $650 while Units have a median rent of $610.