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

The suburb of Chadstone's population is estimated at around 10,683 as of May 2026. This reflects an increase of 1,131 people since the 2021 Census, which reported a population of 9,552. The change is inferred from AreaSearch's estimation of the resident population at 10,666 following examination of the ABS's latest ERP data release in June 2025 and an additional 114 validated new addresses since the Census date. This level of population equates to a density ratio of 3,514 persons per square kilometer, placing Chadstone in the upper quartile relative to national locations assessed by AreaSearch. Chadstone's growth rate of 11.8% since the 2021 census exceeded both the state average of 9.3% and the national average. Overseas migration contributed approximately 87.0% of overall population gains during recent periods in 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 the VIC State Government's Regional/LGA projections released in 2023, adjusted 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. By 2041, the suburb is forecasted to increase by 2,933 persons based on aggregated SA2-level projections, reflecting an overall increase of 27.3% over the 16-year period.

Recent residential development output has been above average within Chadstone when compared nationally

AreaSearch analysis shows Chadstone had approximately 58 new homes approved annually. Between FY21 and FY25, around 290 homes were approved, with an additional 40 approved in FY26 so far. Each year, about 2.6 people moved to the area per new home constructed over these five years.

New homes are built at an average expected construction cost of $783,000, indicating a focus on premium properties. This financial year has seen $29.6 million in commercial approvals, suggesting strong local business investment. Compared to Greater Melbourne, Chadstone's construction activity is 10.0% higher per person over the past five years.

Building activity consists of 55.0% detached dwellings and 45.0% townhouses or apartments, offering varied housing options. The area has approximately 325 people per dwelling approval, leaving room for growth. By 2041, Chadstone's population is forecast to increase by 2,916 residents. If current construction levels persist, housing supply may lag behind 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 that could impact this region. Notable ones are Suburban Rail Loop East, 65A Power Avenue Social Housing, Ashwood Green, and Chadstone Activity Centre Plan. The following list details those likely to be most relevant.

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 representation in professional services. Its unemployment rate is 2.6%, lower than the national average. Over the past year, estimated employment growth was 5.2%.

As of December 2025, 6,492 residents are employed, with an unemployment rate of 2.2% compared to Greater Melbourne's 4.8%. Workforce participation is 72.9%, slightly higher than the regional average of 69.9%. A significant proportion (37.3%) of residents work from home, potentially influenced by Covid-19 lockdowns. Key employment sectors include health care & social assistance, professional & technical services, and retail trade.

Finance & insurance has a particularly high representation at 1.5 times the regional level, while construction is lower than average at 6.9%. Employment levels increased by 5.2% and labour force grew by 5.4% in Chadstone between December 2024 and 2025. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years, with differing rates across industry sectors. 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.

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

In AreaSearch's latest postcode level ATO data released for financial year 2023, Chadstone suburb had a median income among taxpayers of $56,790 and an average income of $78,555. Nationally, these figures are high compared to Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, estimated current incomes as of March 2026 would be approximately $62,253 (median) and $86,112 (average). According to Census 2021 income data, incomes in Chadstone cluster around the 64th percentile nationally. Income analysis reveals that the largest segment comprises 31.4% of residents earning between $1,500 and $2,999 weekly, mirroring the metropolitan region where 32.8% fall into this bracket. Notably, 30.3% of Chadstone's residents earn above $3,000 per week, indicating strong economic capacity in the suburb. High housing costs consume 17.4% of income, but despite this, disposable income ranks at the 63rd percentile nationally, and 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

As of the latest Census, 55.2% of dwellings in Chadstone were houses, with the remaining 44.9% being semi-detached homes, apartments, or other types. In contrast, Melbourne metropolitan area had 67.9% houses and 32.1% other dwellings. Home ownership in Chadstone stood at 25.5%, with mortgaged properties making up 33.9% and rented ones 40.5%. The median monthly mortgage repayment was $2,250, exceeding the Melbourne metro average of $2,000. The median weekly rent in Chadstone was $421, higher than Melbourne's $390 but lower than the national average of $375 for rents and $1,863 for mortgage repayments.

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

Family households account for 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 constitute 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

Educational attainment in Chadstone is notably high, with 47.1% of residents aged 15+ holding university qualifications. This compares to 29.8% in the SA4 region and 30.4% nationally. Bachelor degrees are the most common at 30.1%, followed by postgraduate qualifications at 13.8% and graduate diplomas at 3.2%. Vocational pathways account for 22.9% of qualifications among those aged 15+, 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. 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 bus services. These are covered by 7 routes, offering 1,314 weekly passenger trips. Transport accessibility is good, with residents typically 253 meters from the nearest stop. Most residents commute outward; cars dominate at 80%, with 11% using trains. Average vehicle ownership per dwelling is 1.2. A high 37.3% work from home (2021 Census).

Service frequency averages 187 trips daily across all routes, about 45 weekly trips per 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.

AreaSearch's assessment found low prevalence of common health conditions in both young and old age cohorts. The rate of private health cover was very high at approximately 58% of the total population (~6,177 people). Mental health issues were the most common medical condition, impacting 6.8% of residents, followed by asthma at 6.7%. Seventy-five point seven percent declared themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents had low chronic condition prevalence. The area has 13.7% of residents aged 65 and over (1,463 people), lower than the 15.0% 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 notable, 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, although small in population, is proportionally equal to Greater Melbourne at 1.0%.

The top three ancestry groups are Other (16.4%), Chinese (15.9%), and English (13.8%). Chinese representation is significantly higher than the regional average of 6.5%, while English is notably lower at 20.1%. Other ethnicities with notable divergences include Greek (6.8% vs 2.7%), Sri Lankan (1.9% vs 0.8%), and Russian (0.8% vs 0.4%).

Chadstone's population is younger than the national pattern

Chadstone's median age is 35 years, which is slightly younger than Greater Melbourne's 37 and the national average of 38. The 25-34 age group comprises 22.3% of Chadstone's population, higher than Greater Melbourne's percentage but lower than the national average of 14.6%. The 5-14 age group makes up 8.9%, which is less prevalent compared to Greater Melbourne. Between 2021 and present, the 15-24 age group has grown from 11.7% to 12.8% of Chadstone's population, while the 5-14 cohort has declined from 9.9% to 8.9%. By 2041, forecasts indicate that the 25-34 age group will increase significantly, adding 656 people (28%) to reach a total of 3,039 individuals in this age bracket.