Real Estate Appraisal Cheltenham VIC 3192
Are you thinking of selling or renting your Cheltenham home?
The median priced house in Cheltenham as of August 25, 2026, is $1,290,000. The median price for a unit is $705,000. In Cheltenham, houses rent for $750 PW annually, yielding a 3.6% rental return, while apartments rent for $580 PW, yielding a 4.4% rental yield, should you be searching for an investment property. The compound annual growth rate for homes in Cheltenham is 7.6%, while the rate for units is 4.6%.
Click Here For a Suburb Profile and Market Report For Cheltenham
House Prices and Rent Returns in Cheltenham.
- 2 bedroom home $1.050,500 and $650 per week rent.
- 3 bedroom home $1,225,000 and $750 per week rent.
- 4 bedroom home $1,390,000 and $900 per week rent.
Unit Prices and Rent Returns in Cheltenham.
- 1 bedroom unit $370,000 and $465 per week rent.
- 2 bedroom unit $685,500 and $560 per week rent.
- 3 bedroom unit $935,000 and $700 per week rent.
It takes on average 26 days to sell a house and 26 days to sell a unit.
Lifestyle in Cheltenham Vic 3192
Cheltenham is 19 kilometres south east of the Melbourne central business district. The Nepean Highway and Cheltenham Railway Station run parallel to each other through the centre of Cheltenham. To the north is the Westfield Southland, a huge shopping complex and KMart Southland. There are a number of other reserves in the area.
If Golf is your passion then you will have a choice of 5 golf courses. They are the world rated Royal Melbourne Golf Course, The Sandringham and Cheltenham Golf Courses, Kingston Heath and The Capital Golf Course.
The Australian census of 2011 calculated that the population of Cheltenham at 20291. Married couples make up 50% of the residents. 8% of the population are in defacto relationships.
Schools in Cheltenham.
- Cheltenham Primary School
- Cheltenham East Primary School
- Cheltenham Secondary College
- Le Page Primary School
- Kingston Heath Primary School
Cheltenham Real Estate Agent Contact Details.
Kristy Trisca
Director of Cheltenham Office
Mobile: 0432 601 725
Recently Sold Property in Cheltenham
Please browse our list of recent home sales.
$692,000
4/109 Weatherall Road, Cheltenham
Bed 2|Bath 1|Car 1
$725,000
12/9-11 Latrobe Street, Cheltenham
Bed 2|Bath 1|Car 2
$730,000
113/30 Garfield Street, Cheltenham
Bed 2|Bath 2|Car 1
Contact Agent
1/23 Bernard Street, Cheltenham
Bed 2|Bath 1|Car 1
$1,112,000
42A Garfield Street, Cheltenham
Bed 4|Bath 2|Car 4|Land 302 sqm
Contact Agent
4/2B Haughton Street, Cheltenham
Bed 1|Bath 1|Car 1|Land 160 sqm
Contact Agent
5/1325 Nepean Highway, Cheltenham
Bed 2|Bath 1|Car 1|Home Size 73 sqm
$1,685,000
59 Oak Avenue, Cheltenham
Bed 5|Bath 2|Car 2|Land 636 sqm|Home Size 245 sqm
$790,000
26B Brampton Street, Cheltenham
Bed 2|Bath 1|Car 2|Land 327 sqm
$1,175,000
15 Mena Avenue, Cheltenham
Bed 4|Bath 2|Car 3
$1,110,000
40 Beatrice Street, Cheltenham
Bed 3|Bath 1|Car 2|Land 535 sqm
$820,000
1/18 Jack Road, Cheltenham
Bed 3|Bath 2|Car 2|Land 146 sqm
$850,000
362 Bay Road, Cheltenham
Bed 2|Bath 1|Car 1|Land 201 sqm|Home Size 122 sqm
Contact Agent
31 Parnell Street, Cheltenham
Bed 3|Bath 1|Car 2
$995,000
10 Ambrose Avenue, Cheltenham
Bed 3|Bath 3|Car 2
https://www.obrienrealestate.com.au/suburb-report/