Chadstone's unit market has produced the standout result in this update, with prices up a striking 30.6 per cent this year to $653,000, well ahead of the 4.6 per cent gain on houses. Buyers are getting excited about value and opportunity here, and well-presented apartments with genuine lifestyle appeal are the ones drawing the strongest competition.
Houses remain steady at $1,206,250, clearing at 68.2 per cent with 120 sales this year, while units are more selective at 62.5 per cent even with that price growth. Days on market have improved across both, houses down 26.4 per cent and units down 25.6 per cent, a sign buyers are moving with more confidence once they find the right property.
With upsizers the dominant buyer type and the $700,000 to $1.2 million range the most active, the mood here is cautiously optimistic. Buyers remain selective, so presentation and realistic pricing matter more than ever, but a well-prepared property priced to current conditions is still attracting genuine competition.
Median sale price for houses in Chadstone is $1,200,000, up 3.9% from last year.
Median sale price for units in Chadstone is $671,500, up 21.0% from last year.
Properties sold for houses in Chadstone is 120, down 0.8% from last year.
Properties sold for units in Chadstone is 72, down 5.3% from last year.
Auction clearance for houses in Chadstone is 68.1%, down 1.1% from last year.
Auction clearance for units in Chadstone is 61.8%, down 14.5% from last year.
Av days on market for houses in Chadstone is 39, down 7.1% from last year.
Av days on market for units in Chadstone is 29, down 21.6% from last year.
$1,967,500
$1,556,000
$1,380,000
$1,300,000
$1,200,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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