Tai Menahem
12 Attunga Street, Chadstone, Vic 3148
$1,100,000 - $1,200,000
3 1 3
Open Saturday 6 June 10:40 am Auction Saturday 20 June 12:30 pm๐๏ธ About This Suburb (Last Updated Date: 2026-03-12)
History, Aboriginal heritage, and the story behind the name.
Chadstone โ Wurundjeri Woi-wurrung Country
Originally used for farming and orchards, the area saw rapid residential development post-WWII to house returning servicemen. The opening of the Chadstone Shopping Centre in 1960 transformed the suburb from a quiet residential pocket into a major regional commercial destination.
A mix of mid-century weatherboard homes, modern townhouses, and high-density apartments near the commercial core, catering to a diverse demographic of students, professionals, and families.
Overall Score
8.2
High demand suburb with exceptional retail and transport infrastructure.
Name Origin
Named after Chadstone Park in Solihull, England, by early settler William Ashworth.
Established
Gazetted 1927
Retail Giant
Home to the largest shopping centre in the Southern Hemisphere.
Education Hub
Adjacent to Holmesglen TAFE and minutes from Monash University Caulfield.
Green Link
Bordered by the Gardiners Creek Trail, providing a direct cycling link to the CBD.
๐ Scorecard
12 key dimensions scored 0โ10. Each score includes a one-line explanation.
Market Momentum
7.4
Steady price growth driven by scarcity of land and proximity to employment hubs.
Amenity
9.6
World-class shopping, dining, and entertainment within walking distance for many.
Schools
7.2
Solid local primary options with access to high-performing secondary colleges in neighboring zones.
Transport
8.5
Excellent access to the Monash Freeway and multiple train stations on the Glen Waverley line.
Risk Profile
7.0
Main risks involve traffic noise and flood overlays in specific low-lying catchments.
Liveability
8.1
High quality of life with a balance of urban convenience and suburban parklands.
Demographics
7.5
Diverse mix of young professionals, international students, and established families.
Rental Demand
8.8
Extremely high due to the proximity of Holmesglen TAFE and the shopping centre workforce.
Growth Potential
7.9
Strong potential for townhouse redevelopment and long-term capital appreciation.
Affordability
5.2
Becoming increasingly expensive, often viewed as the 'affordable' alternative to Malvern East.
Crime & Safety
7.1
Generally safe, though retail precincts see higher rates of opportunistic theft.
Walkability
6.8
Very high near the shopping centre and stations, lower in the southern residential pockets.
โก Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,325,000
Steady 4.5% annual growth
Median Unit
$885,000
High demand for townhouses
Gross Yield
3.6%
Strong for houses in this zone
CBD Commute
25-30 mins
Via Glen Waverley train line
Family Ratio
62%
High percentage of households
Vacancy Rate
1.4%
Well below metro average
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Key Advantages
- Unrivaled access to retail and entertainment at Chadstone Shopping Centre.
- Excellent public transport links via Holmesglen and Jordanville stations.
- Proximity to major educational institutions including Holmesglen TAFE.
- Direct access to the Monash Freeway for rapid CBD or SE suburb commuting.
- Strong historical capital growth and high rental demand from a diverse tenant pool.
โ ๏ธ Key Watch-Outs
- Severe traffic congestion on Warrigal Road and surrounding streets during peak times.
- Presence of Special Building Overlays (SBO) indicating potential localized flooding.
- Noise pollution for properties backing onto the Monash Freeway or arterial roads.
- Increasing density with many older blocks being subdivided into multi-unit sites.
- Competitive auction market with low stock levels in premium family pockets.
๐๏ธ Suburb Overview
Character, property mix, price range and what drives value here.
๐๏ธ Character
Suburban Commercial
How this suburb feels day-to-day.
๐ Property Types
Mix of 1950s weatherboards, modern brick veneers, and contemporary townhouses.
Dominant dwelling stock.
๐ฐ Price Range
$850k (Units) – $2.2m (Premium Houses)
Typical entry to ceiling.
๐ก Why It Matters
Chadstone serves as a major activity centre in Melbourne's south-east. Its evolution from a residential suburb to a commercial powerhouse makes it a resilient investment choice, though buyers must navigate the complexities of high-traffic zones and varying school catchments.
๐ฐ Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
๐ House Median
$1,325,000
$1.18m – $1.75m
๐ข Unit Median
$885,000
$620k – $980k
๐ Price Trend
+4.5% past 12 months
12-month movement
๐ Weekly Rents
Houses $750pw, Units $590pw
Current asking rents
๐ 5-Year Price History
๐๏ธ Property Type Split
Prices have remained resilient despite interest rate pressures, supported by the suburb's 'destination' status and the lack of new land supply.
๐ฏ Affordability
How this suburb compares to metro and state medians.
๐๏ธ vs Metro Average
8% above Melbourne metro house median
Price comparison
๐ Income Ratio
9.8x average household income
Median price รท median income
๐ณ Gross Yield
3.4% - 3.8%
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While more affordable than Malvern East or Ashburton, Chadstone is no longer considered an entry-level suburb for houses. Townhouses offer a more accessible entry point for professional couples.
๐ฅ Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
๐ Vacancy Rate
1.4%
Lower = tighter market
โฑ๏ธ Days to Lease
18 days
Avg time on market
๐ Rent Growth p.a.
+9.2%
Annual rental increase
Demand LevelVery High
๐ค Tenant Profile
International students, retail workers, and young healthcare professionals.
๐ผ Investor Outlook
Strong rental growth is expected to continue. Properties within walking distance of Holmesglen Station or the Shopping Centre command a significant premium and experience minimal vacancy.
๐ Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.5%
1-Year Growth
+14.2% cumulative
3-Year Growth
+28.5% cumulative
5-Year Growth
๐ Growth Drivers
- Ongoing expansion and investment in the Chadstone Shopping Centre precinct.
- Proposed Suburban Rail Loop (SRL) infrastructure improvements in nearby hubs.
- Continued 'ripple effect' from high-priced neighbors like Malvern East.
- High demand for medium-density housing (townhouses) from downsizers and young families.
โ Headwinds
- Rising land tax and interest rates impacting investor sentiment.
- Traffic saturation limiting the appeal of certain residential pockets.
- Strict council vegetation and character overlays in specific streets.
๐ฎ 5-Year Outlook
Expect moderate but consistent growth. The suburb's transition toward higher density will likely see townhouse values appreciate faster than older, unrenovated houses on large blocks.
๐ก๏ธ Crime & Safety
Safety index, trend comparison, and what to check locally.
7.2
Safety Score
Average
๐ Trend
Stable
vs last 12 months
๐๏ธ vs Metro Average
Crime rates are slightly higher than the Monash average due to the retail precinct.
Relative comparison
Risk Categories
Property Theft: Medium Traffic Incidents: High Violent Crime: Low
๐ What to Check Locally
Check residential streets for adequate street lighting and secure off-street parking, as retail overflow can lead to increased foot traffic.
โ ๏ธ Risk Profile
Natural hazards and planning risks to verify before buying.
๐ Summary
Primary risks are environmental (flooding near Gardiners Creek) and logistical (traffic congestion).
๐ Flood Risk
Special Building Overlays (SBO) affect properties near the creek and major drainage lines. Check VicPlan maps.
๐ฅ Bushfire Risk
Negligible risk in this fully urbanized area.
๐ฆ Insurance Impact
Standard premiums apply, though properties in SBO zones may face higher flood cover costs.
๐บ๏ธ Planning & Zoning
Development controls, overlays, and what's changing locally.
๐ Typical Zoning
General Residential Zone - Schedule 2 (GRZ2)
๐ฒ Overlays
Special Building Overlay (SBO), Vegetation Protection Overlay (VPO).
๐๏ธ Development Hotspots
Areas within 400m of the Shopping Centre and Holmesglen Station are seeing significant townhouse and apartment activity.
Zoning allows for moderate growth, but overlays can significantly impact building costs and renovation potential.
๐ณ Liveability
Day-to-day experience โ transport, amenity, green space, schools and healthcare.
๐ Transport
Excellent rail and bus connectivity; easy freeway access.
๐๏ธ Amenity & Retail
Exceptional; arguably the best retail access in Melbourne.
๐ฒ Parks & Recreation
Good access to Gardiners Creek Trail and Batesford Reserve.
๐ซ Schools
Solid local options; proximity to high-ranking private schools in nearby suburbs.
๐ฅ Healthcare
Well-served by local clinics and proximity to Monash Medical Centre.
๐ฅ Demographics
Who lives here โ income, age, ownership, and education levels.
A multicultural and multi-generational suburb with a significant student population and a growing professional class.
๐ต Median Income
$88,400 pa
๐ Ownership
48% owner-occupied, 42% renting
๐ Age Profile
Median age 35
๐ Education
High percentage of residents with tertiary qualifications (38%).
๐ Age Distribution
The high rental population supports investor yields, while the growing professional demographic drives demand for high-end renovations and modern townhouses.
๐๏ธ Major Developments
Infrastructure pipeline and what it means for values and liveability.
๐ Overview
Ongoing upgrades to the Chadstone Shopping Centre precinct including new office towers and hotel expansions.
๐ Positive Impacts
- Increased local employment opportunities.
- Improved public transport infrastructure and bus interchanges.
- Enhanced dining and lifestyle options for residents.
๐ Negative Impacts
- Increased traffic volume on local residential streets.
- Construction noise and dust in the immediate vicinity of the centre.
๐บ๏ธ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
๐Malvern East
Position North/West
Price 30-40% more expensive
Lifestyle More prestigious, heritage-protected streets, larger estates.
Best for High-net-worth families and prestige buyers.
๐Ashwood
Position East
Price Similar to slightly cheaper
Lifestyle Quieter, more traditional suburban feel, fewer apartments.
Best for First home buyers and young families.
๐Oakleigh
Position South
Price Similar
Lifestyle Vibrant Greek culinary scene, more industrial history.
Best for Foodies and those wanting a 'village' atmosphere.
๐Mount Waverley
Position East
Price 15-20% more expensive
Lifestyle Larger blocks, highly coveted school zones (MWSC).
Best for Education-focused families.
๐ Similar Suburbs
Suburbs with a comparable profile โ useful if this one is over budget or sold up.
Doncaster
VIC
7.8/10
Major retail hub (Westfield), freeway access, and mix of older homes and new apartments.
Maribyrnong
VIC
7.5/10
Proximity to a major shopping centre (Highpoint) and river/creek trails.
Ringwood
VIC
8.0/10
Transport interchange, major retail (Eastland), and significant recent development.
Preston
VIC
8.1/10
Strong multicultural vibe, good transport, and rapid gentrification.
๐ฌ Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
๐ Overall Community Sentiment
Residents love the convenience and the 'everything at your doorstep' lifestyle, though traffic and the busy nature of the suburb are common complaints.
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Convenience
I can walk to the best shops in Australia and the train station. It's busy, but the convenience is worth the trade-off.
Convenience Traffic
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Investment potential
Buying a townhouse here was the best move. The rental demand is so high I never worry about vacancy.
Investment Demand
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Traffic and Noise
Warrigal Road is a nightmare on Saturdays. We love the parks, but getting in and out of the suburb can be frustrating.
Traffic Parks
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Transport
Perfect for getting to Holmesglen and the city. Everything I need is within a 15-minute walk.
Transport Accessibility
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Amenity
Moving from a big house in Malvern to a modern townhouse here has been great. The medical facilities nearby are excellent.
Healthcare Lifestyle
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Rental Yield
The proximity to the TAFE ensures I always have quality tenants. Capital growth has also been very consistent.
Yield Growth
๐ก Tailored Advice
Personalised guidance for every role in this market.
๐งโ๐ผ Buyer Strategy
- Prioritize the 'Golden Triangle' area north of the freeway for better capital growth.
- Always check for Special Building Overlays (SBO) before making an offer.
- Visit the property on a Saturday afternoon to assess the true impact of shopping centre traffic.
- Look for properties with north-facing backyards to maximize light in high-density pockets.
- Check the school catchment boundaries carefully, as they can change street-by-street.
- Consider townhouses as a high-growth alternative if houses are out of reach.
โ Questions to Ask the Agent
- Is this property located within a Special Building Overlay (SBO)?
- What are the specific school catchments for this exact address?
- Are there any planned high-density developments in the immediate street?
- How does the weekend traffic impact access to this specific driveway?
- What is the current rental yield for similar properties in this pocket?
- Are there any significant easements on the property title?
- What is the history of the property's performance at auction?
๐ท๏ธ Seller Strategy
- Highlight proximity to transport and retail in all marketing materials.
- Professional styling is essential to compete with the high volume of modern townhouses.
- Ensure all building permits for previous renovations are in order, as Monash buyers are diligent.
- Target the investor market by providing a professional rental appraisal.
- Use twilight photography to showcase the 'lifestyle' and 'vibrancy' of the area.
๐ฃ Positioning Tips
Position the property as a 'lifestyle and convenience' play. Emphasize the walkability to major amenities and the future-proof nature of the location due to ongoing commercial investment.
๐ผ Investment Case
High-yield, low-vacancy investment with strong long-term capital growth prospects.
โ ๏ธ Investment Risks
Over-supply of apartments in specific pockets; potential for increased land tax.
๐ Action Plan
- Target 2-3 bedroom townhouses with low body corporate fees.
- Focus on properties within 800m of Holmesglen Station.
- Ensure the property has secure parking to attract premium tenants.
- Monitor the Monash Council planning portal for nearby high-density applications.
๐ Renter Tips
- Apply early; properties near the TAFE move within days.
- Check for inclusive parking, as street parking is heavily restricted.
- Test the noise levels if the property is near the freeway.
๐๏ธ What Renters Love Here
Incredible access to shops, food, and transport.
โ ๏ธ Renter Watch-Outs
High competition for rentals and weekend traffic noise.
๐ข Landlord Strategy
- Maintain the property to a high standard to attract professional tenants.
- Consider offering longer leases to capitalize on the stable student/worker demand.
- Review rents annually in line with the high demand in the Monash precinct.
๐ Compliance & Management
Ensure all gas and electrical safety checks are up to date as per Victorian legislation.
๐ค Agent Insights
- Buyers are increasingly wary of flood overlays; be transparent with Section 32s.
- The 'downsizer' market is growing, looking for low-maintenance luxury.
- Auction clearance rates remain higher than the Melbourne average for well-located houses.
๐ฏ Marketing Angles
The 'Fashion Capital' lifestyle; The 'Education Precinct' advantage.
๐ค Target Buyer Profile
Young professional couples, savvy investors, and downsizers from more expensive neighboring suburbs.
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Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
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Verify zoning and overlays via VicPlan.โ
Order a formal flood report if the property is near Gardiners Creek.โ
Check the Monash Council planning register for nearby applications.โ
Assess the condition of the storm-water drainage on-site.โ
Confirm the exact school zone using findmyschool.vic.gov.au.โ
Review the Section 32 for any restrictive covenants or easements.โ
Conduct a professional building and pest inspection.โ
Measure noise levels during peak hour and weekend retail hours.โ
Check for any heritage overlays (rare but present in some pockets).โ
Verify the proximity to high-voltage power lines.โ
Assess the availability of NBN/High-speed internet.โ
Check for any planned roadworks or infrastructure changes on Warrigal Road.๐ Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
๐ monash.vic.gov.au ๐ mapshare.vic.gov.au ๐ abs.gov.au ๐ crimestatistics.vic.gov.au ๐ planning.vic.gov.au ๐ vicroads.vic.gov.au
โ ๏ธ Important Disclaimer
This report is based on data available as of 2026-03-12 and is intended for informational purposes only. It does not constitute financial or investment advice. Buyers should conduct their own independent research and seek professional advice before making any property purchase.
