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Chadstone vs Collingwood

Property investment comparison - Chadstone, VIC 3148 vs Collingwood, VIC 3066

Head-to-head across core investment metrics: Chadstone wins 0, Collingwood wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricChadstoneCollingwood
Median house price$1.3M$1.3M
Median unit price$850K$625K
Gross rental yield (houses)-3.13%
Gross rental yield (units)4.29%5.75%
1-year house growth-0.8%+1.4%estimate
3-year house growth+3.6%-
Vacancy rate1.4%1.2%
Population9,5529,179

Chadstone vs Collingwood: what the numbers say

Houses cost about the same in both suburbs: the median house price is $1.3M in Chadstone and $1.3M in Collingwood.

For units, Chadstone sits at a median of $850K against $625K in Collingwood, which makes Collingwood the more affordable unit market and Chadstone the pricier one.

Over the past year house prices moved -0.8% in Chadstone and +1.4% in Collingwood (an estimate), so recent momentum favours Collingwood, while Chadstone went backwards.

Rental vacancy is 1.2% in Collingwood and 1.4% in Chadstone, so landlords in Collingwood face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Chadstone is the bigger suburb, with a population of 9,552 against 9,179, larger than Collingwood; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Collingwood for recent price momentum, Collingwood for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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