Chadstone vs Oakleigh

Chadstone is the younger of the two, with a median age of 35 against 38 in Oakleigh. In both, most households own their home and most homes are detached houses.

Oakleigh stands out for walkability and liveability, scoring 96 and 79 respectively compared to Chadstone's 82 and 59, making it the stronger choice if you value a pedestrian-friendly neighbourhood. Chadstone offers a slightly higher median household income at $103,532 versus $100,152, and lower flood risk at 29 compared to 39. Unit prices differ notably—Chadstone's median sits at $840,400 while Oakleigh's is $597,000—though house prices are comparable. Both suburbs share the same socio-economic standing and rental yields, with similarly low bushfire risk.

Written by an AI language model from the figures below. Every number in it is checked against those figures before it is published.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Oakleigh

ahead on 2 of the 6 things we measure here

  • has more schools rated above their peers (3 vs 0)
  • has more parks and reserves (8 vs 4)
  • But Chadstone carries lower crime risk (84/100 vs 95/100)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Oakleigh

ahead on the one thing that separates them

  • has cheaper units ($505,550 vs $610,000)

Weighs house prices, unit prices, and mortgage stress.

Renters

Too close to call

Nothing among the 3 things we measure here separates them by enough to be worth acting on.

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Oakleigh

ahead on the one thing that separates them

  • is more walkable (96/100 vs 86/100)

Weighs distance, drive time, rail access, and walkability.

Downsizers and retirees

Oakleigh

ahead on 2 of the 5 things we measure here

  • has more GPs (4 vs 2)
  • is more walkable (96/100 vs 86/100)
  • But Chadstone carries lower crime risk (84/100 vs 95/100)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

They split

one each way, out of the 3 things we measure here

  • Chadstone returns a higher gross yield on houses (3.3% vs 2.8%)
  • Oakleigh returns a higher gross yield on units (6.6% vs 5.4%)

Weighs house yield, unit yield, and population growth.

Where they sit

Chadstone and Oakleigh drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Chadstone Oakleigh
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Chadstone Oakleigh
Walkability 86 / 96
Chadstone — Walkability: 86/100 Oakleigh — Walkability: 96/100
Safety 16 / 5
Chadstone — Safety: 16/100 Oakleigh — Safety: 5/100
Low fire risk 100 / 100
Chadstone — Low fire risk: 100/100 Oakleigh — Low fire risk: 100/100
Low flood risk 72 / 62
Chadstone — Low flood risk: 72/100 Oakleigh — Low flood risk: 62/100

Demographics

Oakleigh skews older (38 vs 35).

Chadstone Oakleigh
Population 9,552
+12% vs other
8,442
Population trend (2016 → 2021) +10.5% +7.0%
Median age 35 38
Median household income $103,532/yr
+3% vs other
$100,152/yr
Median weekly rent $421/wk
+3% vs other
$410/wk

Age profile

Share of residents in each band, 2021 Census.

Chadstone Oakleigh
0-4 5.9% / 4.9%
Chadstone — 0-4: 5.9% Oakleigh — 0-4: 4.9%
5-14 9.9% / 9.6%
Chadstone — 5-14: 9.9% Oakleigh — 5-14: 9.6%
15-19 4.1% / 5.0%
Chadstone — 15-19: 4.1% Oakleigh — 15-19: 5.0%
20-24 7.6% / 8.4%
Chadstone — 20-24: 7.6% Oakleigh — 20-24: 8.4%
25-34 21.9% / 17.0%
Chadstone — 25-34: 21.9% Oakleigh — 25-34: 17.0%
35-44 16.3% / 13.7%
Chadstone — 35-44: 16.3% Oakleigh — 35-44: 13.7%
45-54 11.6% / 13.9%
Chadstone — 45-54: 11.6% Oakleigh — 45-54: 13.9%
55-64 9.2% / 11.6%
Chadstone — 55-64: 9.2% Oakleigh — 55-64: 11.6%
65-74 6.9% / 7.7%
Chadstone — 65-74: 6.9% Oakleigh — 65-74: 7.7%
75-84 4.6% / 4.9%
Chadstone — 75-84: 4.6% Oakleigh — 75-84: 4.9%
85+ 1.9% / 3.1%
Chadstone — 85+: 1.9% Oakleigh — 85+: 3.1%

Bars are drawn against the largest share shown (21.9%).

Who lives together

Household composition, 2021 Census.

Chadstone 40.6% couple families
Chadstone — Couple Families: 40.6% Chadstone — Lone Person: 31.8% Chadstone — One Parent Families: 14.7% Chadstone — Group Household: 10.4% Chadstone — Other Families: 2.5%
Oakleigh 41.9% couple families
Oakleigh — Couple Families: 41.9% Oakleigh — Lone Person: 35.7% Oakleigh — One Parent Families: 12.7% Oakleigh — Group Household: 7.2% Oakleigh — Other Families: 2.6%
Couple Families Lone Person One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Chadstone 40.6% renting
Chadstone — Owned Outright: 25.4% Chadstone — Mortgage: 34.0% Chadstone — Renting: 40.6%
Oakleigh 35.5% renting
Oakleigh — Owned Outright: 32.3% Oakleigh — Mortgage: 32.2% Oakleigh — Renting: 35.5%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Chadstone Oakleigh
Bachelor Degree 22.7% / 20.3%
Chadstone — Bachelor Degree: 22.7% Oakleigh — Bachelor Degree: 20.3%
Postgraduate Degree 10.4% / 9.9%
Chadstone — Postgraduate Degree: 10.4% Oakleigh — Postgraduate Degree: 9.9%
Advanced Diploma / Diploma 8.1% / 8.4%
Chadstone — Advanced Diploma / Diploma: 8.1% Oakleigh — Advanced Diploma / Diploma: 8.4%
Certificate III & IV 7.8% / 8.2%
Chadstone — Certificate III & IV: 7.8% Oakleigh — Certificate III & IV: 8.2%
Graduate Diploma / Certificate 2.4% / 2.6%
Chadstone — Graduate Diploma / Certificate: 2.4% Oakleigh — Graduate Diploma / Certificate: 2.6%

Bars are drawn against the largest share shown (22.7%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Chadstone Oakleigh
China 8.2% / 5.6%
Chadstone — China: 8.2% Oakleigh — China: 5.6%
India 5.8% / 4.3%
Chadstone — India: 5.8% Oakleigh — India: 4.3%
Greece 3.0% / 6.0%
Chadstone — Greece: 3.0% Oakleigh — Greece: 6.0%
Sri Lanka 4.0% / 1.1%
Chadstone — Sri Lanka: 4.0% Oakleigh — Sri Lanka: 1.1%
Malaysia 2.5% / —
Chadstone — Malaysia: 2.5% Oakleigh — Malaysia: not among its largest
England — / 2.2%
Chadstone — England: not among its largest Oakleigh — England: 2.2%
Italy — / 1.6%
Chadstone — Italy: not among its largest Oakleigh — Italy: 1.6%

Bars are drawn against the largest share shown (8.2%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Chadstone 55.1% houses
Chadstone — Houses: 55.1% Chadstone — Flats / Apartments: 18.9% Chadstone — Townhouses: 26.0%
Oakleigh 61.9% houses
Oakleigh — Houses: 61.9% Oakleigh — Flats / Apartments: 25.9% Oakleigh — Townhouses: 12.3%
Houses Flats / Apartments Townhouses

Property market

Chadstone Oakleigh
Median house price $1,335,000 $1,382,500
Median unit price $610,000 $505,550
Median land price —
same for both
Typical days to sell (houses) 24 days
from 38 sales
23 days
from 50 sales

Unit price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Chadstone Oakleigh
1 bed $330K / $360K
Chadstone — 1 bed: $330K (7 sales) Oakleigh — 1 bed: $360K (23 sales)

7 vs 23 sales

2 bed $465K / $537K
Chadstone — 2 bed: $465K (28 sales) Oakleigh — 2 bed: $537K (56 sales)

28 vs 56 sales

3 bed $932K / $901K
Chadstone — 3 bed: $932K (14 sales) Oakleigh — 3 bed: $901K (8 sales)

14 vs 8 sales

House price by bedroom count

Only bed counts both suburbs published enough sales for. Sale counts are shown because the buckets differ in depth.

Chadstone Oakleigh
2 bed $1.25M / $1.21M
Chadstone — 2 bed: $1.25M (6 sales) Oakleigh — 2 bed: $1.21M (8 sales)

6 vs 8 sales

3 bed $1.27M / $1.3M
Chadstone — 3 bed: $1.27M (30 sales) Oakleigh — 3 bed: $1.3M (31 sales)

30 vs 31 sales

4 bed $1.45M / $1.56M
Chadstone — 4 bed: $1.45M (21 sales) Oakleigh — 4 bed: $1.56M (23 sales)

21 vs 23 sales

5 bed $1.51M / $1.62M
Chadstone — 5 bed: $1.51M (5 sales) Oakleigh — 5 bed: $1.62M (9 sales)

5 vs 9 sales

Zoning mix

Oakleigh has more industrially zoned land (17% vs 0%).

Chadstone Oakleigh
Residential 80% 57%
Industrial 0% 17%
Infrastructure and transport 11% 10%
Commercial 4% 9%
Parks and recreation 6% 7%
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Chadstone Oakleigh
New dwellings approved 1,233
across Monash
same for both
Approvals change year on year -4%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Chadstone Oakleigh
Houses 3.3%
$705/wk on $1.1M
2.8%
$710/wk on $1.3M
Units 5.4%
$660/wk on $630K
6.6%
$600/wk on $474K

Ranking within VIC

Chadstone Oakleigh
House price Higher than 83% of VIC Higher than 84% of VIC
Income Higher than 76% of VIC Higher than 73% of VIC
Schools Higher than 19% of VIC Higher than 99% of VIC
Walkability Higher than 95% of VIC Higher than 99% of VIC
Affordability Higher than 20% of VIC Higher than 17% of VIC
EV adoption Higher than 99% of VIC Higher than 91% of VIC
NBN connectivity Higher than 87% of VIC Higher than 81% of VIC
Rental yield (houses) Higher than 28% of VIC Higher than 8% of VIC
Rental yield (units) Higher than 82% of VIC Higher than 96% of VIC

Liveability

Oakleigh scores higher overall (78 vs 60); Oakleigh is more walkable (96 vs 86).

Chadstone Oakleigh
Grade B A
Score 60/100 78/100
Socio-economic band very advantaged area
decile 9/10
same for both

Risk profile

Oakleigh carries more flood risk (38 vs 28); Oakleigh carries more crime risk (95 vs 84).

Chadstone Oakleigh
Bushfire None
0/100
same for both
Crime High
84/100
High
95/100
Flood Low
28/100
Low
38/100
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 9
within 5 km
12
within 5 km

Schools

Chadstone Oakleigh
Inside the suburb 3
same for both
Rated above peers 0 3
Rated at peers 1 0
Rated below peers 0
same for both
Universities within 10 km 3
Deakin University, Melbourne Burwood Campus, 3.7 km
3
Monash Clayton, 3.6 km
Full-time students aged 15–24 4.0% 4.6%

Schools in Chadstone

  • Salesian College Chadstone Catholic · Secondary at peers
  • St Mary Magdalen’s School Catholic · Primary
  • Berengarra School - Chadstone Campus Independent · Secondary · Special school

Schools in Oakleigh

  • Christ Our Holy Redeemer School Catholic · Primary above peers
  • Oakleigh Primary School Government · Primary above peers
  • Sacred Heart School Catholic · Primary above peers

Amenities in the suburb

Chadstone Oakleigh
Supermarkets 1 6
Cafes & restaurants 12 54
Parks & reserves 4 8
Childcare 4 5
GPs 2 4
Pharmacies 3 4
Police stations 0 1
Banks & Bank@Post 1 6
Fuel stations 1 4
Waterways 1 3

Mobility

Chadstone Oakleigh
Walkability score 86/100 96/100
Distance to Melbourne 17.5 km 18.8 km
+7% vs other
Drive time (normal traffic) 23 min 26 min
Public transport score 79/100
Bus
79/100
Rail · Bus
Peak arrivals per hour 118.2
7-9am + 5-7pm
456.2
7-9am + 5-7pm
Median peak wait 0 min
scheduled, not actual
same for both
Electric vehicle share 3.2%
postcode 3148
1.7%
postcode 3166
Rooftop solar per 100 dwellings 21
postcode 3148
20
postcode 3166

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Chadstone Oakleigh
Car (driver) 50.3% / 46.5%
Chadstone — Car (driver): 50.3% Oakleigh — Car (driver): 46.5%
Worked from Home 38.2% / 39.8%
Chadstone — Worked from Home: 38.2% Oakleigh — Worked from Home: 39.8%
Train 5.2% / 5.4%
Chadstone — Train: 5.2% Oakleigh — Train: 5.4%
Car (passenger) 3.3% / 3.5%
Chadstone — Car (passenger): 3.3% Oakleigh — Car (passenger): 3.5%
Walked Only 0.9% / 2.3%
Chadstone — Walked Only: 0.9% Oakleigh — Walked Only: 2.3%
Bus 1.4% / 1.6%
Chadstone — Bus: 1.4% Oakleigh — Bus: 1.6%

Bars are drawn against the largest share shown (50.3%).

Setting

Chadstone Oakleigh
Elevation 84 m
above sea level, at the suburb centre
76 m
above sea level, at the suburb centre
Distance to the ocean 10.1 km 9.6 km

NBN connectivity

Chadstone Oakleigh
Connectivity score 77/100 72/100
Most common technology Hybrid fibre-coaxial
same for both
Full-fibre (FTTP) share 8%
4,432 premises
13%
4,912 premises

Climate

Chadstone Oakleigh
Annual rainfall 644 mm
same for both
Summer max (Jan) 26.0°C
same for both
Winter min (Jul) 6.9°C
same for both

Air quality (annual mean)

Chadstone Oakleigh
PM2.5 4.3 µg/m³
same for both
PM10 —
same for both
NO₂ —
same for both

Council rates

Chadstone Oakleigh
Average residential rate $1,697/yr
same for both
Council Monash
same for both

Federal electorate

Chadstone Oakleigh
Division Chisholm Hotham
Member Carina Garland Clare O'Neil
Party Australian Labor Party
same for both

First Home Owner Grant

Chadstone Oakleigh
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Chadstone

Oakleigh

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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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