5/5 Rae Street, Chadstone, VIC 3148 | Property Value & History | OnTheHouse
 
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5/5 Rae Street
Chadstone VIC 3148

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 207m2
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Property Details for 5/5 Rae St, Chadstone

5/5 Rae St, Chadstone is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 207m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last transferred in September 2015.

Building Type
Unit
Year Built
1999
Floor Size
101m2
Land Size
207m2
Local Government
Monash
Lot/Plan
5/PS423295

Last Listing description (March 2009)

LOCK IN LOW INTEREST RATES. BUY NOW!
AUCTION VENUE: MERRIMU RECEPTIONS
1300 DANDENONG ROAD, MURRUMBEENA 3163

(OPPOSITE CHADSTONE SHOPPING CENTRE)
MELWAYS REFERENCE 69C4
THIS LOW MAINTENANCE NEAR NEW FAMILY HOME IS READY TO MOVE IN OR RENT OUT, IS SITUATED IN THIS PEACEFUL LOCATION AND PROVIDES FOR THE PERFECT FAMILY/ENTERTAINING LIFESTYLE.
COMPRISING: 3 BEDROOMS TWO WITH BUILT IN ROBES & MASTER WITH ENSUITE & WALK IN ROBE, SPACIOUS SEPARATE LOUNGE, KITCHEN WITH MEALS/DINING AREA OPENING ONTO REAR ENTERTAINMENT AREA & LOW MAINTENANCE COURTYARD.
FEATURES: ENTRANCE HALL, DUCTED HEATING, KITCHEN WITH GAS APPLIANCES INCL DISHWASHER & PLENTY OF CUPBOARD SPACE AND SINGLE LOCK UP GARAGE WITH ADDITIONAL CAR SPACE. INVESTORS NOTE, THE PERFECT COMBINATION OF HIGH RENTAL RETURNS AND LOW INTEREST RATES.
ALL OF THIS WITHIN WALKING DISTANCE TO HOLMESGLEN TAFE & TRAIN STATION/BUSES, PRIMARY AND SECONDARY SCHOOLS, AND CHADSTONE SHOPPING CENTRE JUST AROUND THE CORNER.
ADDITIONAL FEATURE - BUILT-IN WARDROBES.

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Property History for 5/5 Rae St, Chadstone, VIC 3148

A timeline of how this property has performed in the market
Last Transferred
07 Sep 2015
Listed for Rent
$320/w
08 Aug 2007
  • 07 Sep 2015
    Transferred
  • 12 Mar 2009
    Sold for $396,000
  • 24 Dec 2008
    Listed for Sale FOR SALE $432,500
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About Chadstone 3148

The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2016 was 8641 people. By 2021 the population was 9552 showing a population growth of 10.5% in the area during that time. The predominant age group in Chadstone is 30-39 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation.In 2021, 57.80% of the homes in Chadstone were owner-occupied compared with 57.50% in 2016.

Chadstone has 5,118 properties. Over the last 5 years, Houses in Chadstone have seen a 14.04% increase in median value, while Units have seen a 28.02% increase. As at 30 November 2025:

  • The median value for Houses in Chadstone is $1,375,203 while the median value for Units is $939,658.
  • Houses have a median rent of $648 while Units have a median rent of $610.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Chadstone on OnTheHouse. According to Cotality's data, 192 properties were sold in the past 12 months in Chadstone.

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