Cheltenham Suburb Profile
Victoria 3192

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Cheltenham has 14,708 properties. Over the last 5 years, Houses in Cheltenham have seen a 41.01% increase in median value, while Units have seen a 18.89% increase. As at 31 May 2024:

  • The median value for Houses in Cheltenham is $1,255,576 while the median value for Units is $681,262.
  • Houses have a median rent of $700 while Units have a median rent of $530.
There are currently 51 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 633 properties were sold in the past 12 months in Cheltenham.

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.

Suburb Insights for CHELTENHAM 3192

Market Insights

Median Value
Median Growth
Median Rent
Rental Yield
Median Value
05/2015 - 05/2024
10 years
5 years
1 year

Neighbourhood Insights

Age
Household
Occupancy
Population 22,311
0-9
 
13%
10-19
 
11%
20-29
 
11%
30-39
 
15%
40-49
 
15%
50-59
 
12%
60-69
 
10%
70-79
 
7%
80-89
 
6%
90-99
 
2%

Last Updated: 03/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.