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Chadstone vs Edithvale

Property investment comparison - Chadstone, VIC 3148 vs Edithvale, VIC 3196

Head-to-head across core investment metrics: Chadstone wins 4, Edithvale wins 1. 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.

MetricChadstoneEdithvale
Median house price$1.3M$1.3M
Median unit price$850K$860K
Gross rental yield (houses)-3.02%
Gross rental yield (units)4.29%4.00%
1-year house growth-0.8%+4.0%estimate
3-year house growth+3.6%-
Vacancy rate1.4%1.8%
Population9,5526,276

Chadstone vs Edithvale: what the numbers say

The median house price is $1.3M in Chadstone and $1.3M in Edithvale, so Chadstone is the cheaper entry point, with Edithvale houses about 1% dearer.

For units, Chadstone sits at a median of $850K against $860K in Edithvale, which makes Chadstone the more affordable unit market and Edithvale the pricier one.

Over the past year house prices moved -0.8% in Chadstone and +4.0% in Edithvale (an estimate), so recent momentum favours Edithvale, while Chadstone went backwards.

Rental vacancy is 1.4% in Chadstone and 1.8% in Edithvale, so landlords in Chadstone 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 6,276, larger than Edithvale; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Chadstone for a lower purchase price, Edithvale for recent price momentum, Chadstone 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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