Chadstone

Chadstone lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Feb 2026, Chadstone's estimated population is around 10,689. This reflects an increase of 1,137 people since the 2021 Census, which reported a population of 9,552. The change was inferred from AreaSearch's estimate of 10,540 residents following examination of ABS ERP data released in Jun 2024 and additional validated new addresses since the Census date. This results in a density ratio of 3,516 persons per square kilometer, placing Chadstone in the upper quartile relative to national locations assessed by AreaSearch. Chadstone's population growth rate of 11.9% since the 2021 Census exceeded both national (9.9%) and state averages. Overseas migration contributed approximately 87.0% of overall population gains during recent periods in the suburb of Chadstone.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusting with weighted aggregation methods to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. Future population trends indicate a significant increase is forecasted for the suburb of Chadstone, with an expected growth of 3,180 persons by 2041 based on aggregated SA2-level projections, reflecting a total increase of 25.8% over the 17 years.

AreaSearch analysis of residential development drivers sees Chadstone recording a relatively average level of approval activity when compared to local markets analysed countrywide

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Chadstone has seen approximately 58 new homes approved each year. Over the past five financial years, between FY21 and FY25, around 290 homes were approved, with an additional 28 approved so far in FY26. On average, over these five years, about 1.2 new residents arrived per new home constructed. However, this figure has increased to 6.9 people per dwelling over the past two financial years, suggesting a rise in demand and tightening supply.

New properties are constructed at an average expected cost of $783,000, indicating a focus on the premium segment by developers. This year alone, there have been $29.6 million in commercial approvals, reflecting strong local business investment. Compared to Greater Melbourne, Chadstone maintains similar construction rates per person, preserving market equilibrium with surrounding areas.

However, building activity has slowed in recent years. In terms of dwelling types, 55.0% are detached dwellings and 45.0% are townhouses or apartments, providing options across different price points. The location currently has approximately 319 people per dwelling approval, indicating potential for growth. According to AreaSearch's latest quarterly estimate, Chadstone is forecasted to gain around 2,762 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

Chadstone has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects likely to impact the area. Key projects include Suburban Rail Loop East, 65A Power Avenue Social Housing, Ashwood Green, and Chadstone Activity Centre Plan. The following list details those most relevant:.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Chadstone demonstrate exceptional strength compared to most Australian markets

Chadstone has a highly educated workforce with strong representation in professional services. Its unemployment rate was 2.4% as of September 2025, lower than Greater Melbourne's 4.7%. Employment growth over the past year was estimated at 4.9%, based on AreaSearch aggregation of statistical area data.

As of September 2025, 6,268 residents were in work and workforce participation was at 71.0%, similar to Greater Melbourne's rate. However, 37.3% of residents worked from home, potentially influenced by Covid-19 lockdowns. Employment is concentrated in health care & social assistance, professional & technical services, and retail trade. Finance & insurance has a higher employment share compared to the regional average, while construction shows lower representation at 6.9%.

The area offers limited local employment opportunities, indicated by the Census working population vs resident population count. Between September 2024 and September 2025, employment levels increased by 4.9% and labour force grew by a similar rate, maintaining a stable unemployment rate. In contrast, Greater Melbourne experienced lower employment growth of 3.0%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Chadstone. Applying these projections to Chadstone's employment mix indicates local employment should increase by 6.9% over five years and 14.0% over ten years, though these are simple extrapolations for illustrative purposes only.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

As per AreaSearch's latest postcode level ATO data released for financial year 2023, Chadstone suburb has a median income among taxpayers of $56,790 and an average of $78,555. Nationally, these figures are high compared to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, estimated incomes for September 2025 would be approximately $61,475 (median) and $85,036 (average). Census 2021 income data shows household, family and personal incomes in Chadstone cluster around the 64th percentile nationally. Income analysis reveals that 31.4% of residents earn between $1,500 - 2,999 weekly, mirroring the metropolitan region's 32.8%. Notably, 30.3% of residents earn above $3,000/week, indicating strong economic capacity. High housing costs consume 17.4% of income, but with strong earnings disposable income remains at the 63rd percentile. The area's SEIFA income ranking places it in the 8th decile.

Chadstone displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

The dwelling structure in Chadstone, as evaluated at the Census conducted in 2016, comprised 55.2% houses and 44.9% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. In comparison, Melbourne metropolitan area had a higher proportion of houses at 67.9%, with the remaining 32.1% being other dwellings. Home ownership in Chadstone stood at 25.5% as of 2016, which was lower than Melbourne metro's figure. The majority of dwellings in Chadstone were either mortgaged (33.9%) or rented (40.5%). The median monthly mortgage repayment in the area was $2,250 during this period, significantly higher than the Melbourne metro average of $2,000 and the Australian average of $1,863. Meanwhile, the median weekly rent figure for Chadstone was recorded at $421, which was substantially above both the Melbourne metro's $390 and the national figure of $375.

Chadstone features high concentrations of group households, with a lower-than-average median household size

Family households constitute 68.3% of all households, including 30.4% couples with children, 25.3% couples without children, and 10.7% single parent families. Non-family households account for the remaining 31.7%, with lone person households at 23.9% and group households comprising 7.9%. The median household size is 2.5 people, which is smaller than the Greater Melbourne average of 2.6.

Chadstone shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Chadstone's residents aged 15 and above have a notably high educational attainment, with 47.1% holding university qualifications, outpacing the SA4 region average of 29.8% and the national figure of 30.4%. The area's educational advantage is evident in its Bachelor degree holders (30.1%), postgraduate qualifiers (13.8%), and graduate diploma holders (3.2%). Vocational pathways also contribute significantly, with advanced diplomas at 10.8% and certificates at 12.1%. Educational participation is notably high, with 30.1% of residents currently enrolled in formal education, including 9.1% in tertiary education, 7.8% in primary education, and 5.5% pursuing secondary education.

Educational participation is notably high, with 30.1% of residents currently enrolled in formal education. This includes 9.1% in tertiary education, 7.8% in primary education, and 5.5% pursuing secondary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Chadstone has 29 active public transport stops, all of which are bus stops. These stops are served by seven different routes that together facilitate 1,314 weekly passenger trips. Transport accessibility in the area is rated as good, with residents typically located 253 meters from their nearest transport stop. The majority of Chadstone's residents commute outward, primarily using cars (80%), while 11% use trains. On average, there are 1.2 vehicles per dwelling. According to the 2021 Census, a high proportion of residents work from home (37.3%), which may be influenced by COVID-19 conditions.

Service frequency averages 187 trips per day across all routes, resulting in approximately 45 weekly trips per individual stop.

Chadstone's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Chadstone.

Mortality rates and chronic condition prevalence were found to be low across both young and old age cohorts. Private health cover was found to be very high at approximately 58% of the total population (~6,181 people). The most common medical conditions in the area were mental health issues and asthma, impacting 6.8 and 6.7% of residents respectively. 75.7% of residents declared themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents showed low chronic condition prevalence. The area has 14.0% of residents aged 65 and over (1,496 people), which is lower than the 15.1% in Greater Melbourne. Health outcomes among seniors were above average, with national rankings broadly in line with the general population.

Chadstone is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Chadstone's cultural diversity is high, with 51.8% speaking a language other than English at home and 49.8% born overseas. Christianity is the predominant religion, accounting for 43.4%. Judaism is equally represented compared to Greater Melbourne, both at 1.0%.

The top three ancestry groups are Other (16.4%), Chinese (15.9%, substantially higher than the regional average of 6.5%), and English (13.8%, notably lower than the regional average of 20.1%). Greeks are overrepresented at 6.8% compared to the regional average of 2.7%. Sri Lankans also show notable overrepresentation, with 1.9% in Chadstone versus the regional average of 0.8%. Russians are slightly overrepresented at 0.8% compared to 0.4% regionally.

Chadstone's population is younger than the national pattern

Chadstone's median age is 35 years, slightly younger than Greater Melbourne's 37 and the national average of 38 years. The 25-34 age group comprises 21.2%, higher than Greater Melbourne's percentage but lower than the national average of 14.4%. The 5-14 age group is less prevalent at 9.0%. Between 2021 and present, the 15 to 24 age group has grown from 11.7% to 13.0%, while the 5 to 14 cohort has declined from 9.9% to 9.0%. By 2041, population forecasts indicate that Chadstone's 25-34 age group will increase significantly, with an additional 586 people (a 26% rise) bringing the total to 2,853 from its current figure of 2,266.