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 Nov 2025, Chadstone's population is estimated at around 10,348, reflecting an increase of 796 people since the 2021 Census. The 2021 Census reported a population of 9,552 in the suburb. This increase is inferred from AreaSearch's estimate of the resident population as 10,355 following examination of ABS ERP data release in June 2024 and an additional 110 validated new addresses since the Census date. This results in a density ratio of 3,403 persons per square kilometer for Chadstone, placing it in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Chadstone has demonstrated resilient growth patterns with a compound annual growth rate of 1.3%, outpacing the SA3 area. Overseas migration contributed approximately 87.0% of overall population gains during recent periods for the suburb.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, making adjustments employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Considering these projections, a significant population increase is forecast for Chadstone, with the area expected to grow by 3,177 persons by 2041 based on aggregated SA2-level projections, reflecting an increase of 30.1% in total 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 experienced around 50 dwellings receiving development approval each year over the past five financial years, totalling an estimated 252 homes. So far in FY-26, 21 approvals have been recorded. With an average of 1.3 people moving to the area per dwelling built over the past five financial years (between FY-21 and FY-25), supply and demand appear well-balanced, creating stable market conditions. However, recent figures show this has accelerated to 6 people per dwelling over the past two financial years, suggesting increasing demand and tightening supply. Development projects average $783,000 in construction value, indicating a focus on the premium segment with upmarket properties.

There have also been $30.5 million in commercial approvals this financial year, demonstrating strong commercial development momentum. When measured against Greater Melbourne, Chadstone maintains similar construction rates per person, preserving market equilibrium consistent with surrounding areas. New building activity shows 55.0% detached houses and 45.0% medium and high-density housing, indicating an expanding range of medium-density options creating a mix of opportunities across price brackets.

With around 280 people per dwelling approval, Chadstone shows a developing market. Population forecasts indicate Chadstone will gain 3,110 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified four projects expected to influence the region: Suburban Rail Loop East, 65A Power Avenue Social Housing, Ashwood Green, and Chadstone Activity Centre Plan.

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

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

Chadstone has a highly educated workforce with strong professional services representation. Its unemployment rate was 2.4% in the past year, with estimated employment growth of 4.4%.

As of June 2025, 6,261 residents are employed, with an unemployment rate of 2.2%, below Greater Melbourne's rate of 4.6%. Workforce participation is 66.1%, compared to Greater Melbourne's 64.1%. Leading industries include health care & social assistance, professional & technical services, and retail trade. Finance & insurance shows notable concentration, with employment levels at 1.5 times the regional average.

Construction has lower representation at 6.9% versus the regional average of 9.7%. The area offers limited local employment opportunities, indicated by Census working population vs resident population counts. Between June 2024 and June 2025, employment levels increased by 4.4%, and labour force by 4.5%, keeping unemployment relatively stable at 2.2%. In contrast, Greater Melbourne experienced employment growth of 3.5% and labour force growth of 4.0%, with a 0.5 percentage point rise in unemployment to 5.1%. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Chadstone's employment mix suggests local employment should increase by 6.9% over five years and 14.0% over ten years, based on a simple weighting extrapolation for illustrative purposes.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

AreaSearch's data for financial year 2022 shows Chadstone's median income at $56,790 and average income at $78,555. This compares to Greater Melbourne's median of $54,892 and average of $73,761. Based on a 12.16% growth since financial year 2022, current estimates for Chadstone are approximately $63,696 (median) and $88,107 (average) as of September 2025. The 2021 Census indicates incomes in Chadstone cluster around the 64th percentile nationally. Income analysis shows that 31.4% of individuals earn between $1,500 - 2,999 weekly, aligning with surrounding regions at 32.8%. Notably, 30.3% earn above $3,000 weekly. Housing costs consume 17.4% of income, but strong earnings place disposable income at the 63rd percentile nationally. Chadstone's SEIFA income ranking places it in the 7th decile.

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

Dwelling structure in Chadstone, as evaluated at the latest Census held on 28 August 2016, comprised 55.2% houses and 44.9% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This compared to Melbourne metropolitan area's 69.6% houses and 30.3% other dwellings. Home ownership in Chadstone stood at 25.5%, with the remaining dwellings either mortgaged (33.9%) or rented (40.5%). The median monthly mortgage repayment in the area was $2,250 as of June 2017, lower than Melbourne metro's average of $2,383. Median weekly rent in Chadstone was recorded at $421 in March 2018, compared to Melbourne metro's $440. Nationally, Chadstone's mortgage repayments were significantly higher than the Australian average of $1,863 as per ABS data from June 2017, while rents were substantially above the national figure of $375 in March 2018.

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 comprise 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 2.7.

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

Chadstone's educational attainment is notably high with 47.1% of residents aged 15 and above holding university qualifications, surpassing both the SA4 region average (29.8%) and the national average (30.4%). Bachelor degrees are most prevalent at 30.1%, followed by postgraduate qualifications (13.8%) and graduate diplomas (3.2%). Vocational pathways account for 22.9% of qualifications, with advanced diplomas at 10.8% and certificates at 12.1%. Educational participation is high, with 30.1% of residents currently enrolled in formal education, including 9.1% in tertiary, 7.8% in primary, and 5.5% in secondary education.

Chadstone's three schools have a combined enrollment of 974 students as of the latest data available. The area exhibits above-average socio-educational conditions with an ICSEA score of 1087. Educational provision is conventional, split between one primary and two secondary institutions. School places per 100 residents stand at 9.4, below the regional average (15.8), suggesting some students may attend schools in adjacent areas. Note: for schools with 'n/a' listed under enrolments, please refer to their parent campus.

Transport servicing is good 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 7 different routes that together facilitate 2,466 weekly passenger trips. The accessibility of these services is rated as good, with residents on average being located 253 meters away from the nearest stop.

On a daily basis, there are an average of 352 trips across all routes, which translates to approximately 85 weekly trips per individual stop.

Chadstone's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics indicates strong performance across Chadstone, with younger cohorts experiencing a low prevalence of common health conditions. Approximately 58% of Chadstone's total population (5984 people) have private health cover, compared to 54.4% in Greater Melbourne.

Mental health issues and asthma are the most prevalent medical conditions in the area, affecting 6.8% and 6.7% of residents respectively. 75.7% of Chadstone's residents report being completely clear of medical ailments, slightly higher than the 75.3% across Greater Melbourne. The area has a lower proportion of seniors aged 65 and over at 13.4% (1386 people), compared to 17.5% in Greater Melbourne. Health outcomes among seniors require more attention despite being above average, indicating a need for targeted care.

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 has a high level of cultural diversity, with 51.8% of its population speaking a language other than English at home and 49.8% born overseas. Christianity is the predominant religion in Chadstone, making up 43.4% of the population. Notably, Judaism comprises 1.0% of Chadstone's population, which is higher than the Greater Melbourne average of 0.4%.

In terms of ancestry, the top three groups are Other at 16.4%, Chinese at 15.9%, and English at 13.8%. However, Chinese ancestry is lower compared to the regional average of 21.4%. There are also notable differences in the representation of certain ethnic groups: Greek is overrepresented at 6.8% (vs 5.6% regionally), Sri Lankan at 1.9% (vs 2.1%), and Russian at 0.8% (vs 0.5%).

Chadstone's population is younger than the national pattern

Chadstone's median age was 35 years as of the latest data, which is slightly younger than Greater Melbourne's 37 and somewhat younger than the national average of 38 years. The 25-34 age group constituted a strong 21.7% of Chadstone's population compared to Greater Melbourne's percentage, while the 5-14 cohort was less prevalent at 9.1%. This concentration of the 25-34 age group is well above the national average of 14.5%. Between 2021 and the latest data point, the 15-24 age group grew from 11.7% to 12.8% of Chadstone's population. Conversely, the 5-14 cohort declined from 9.9% to 9.1%. Population forecasts for the year 2041 indicate significant demographic changes for Chadstone. The 25-34 age cohort is projected to increase substantially, growing by 601 people (27%) from 2,245 to 2,847.