How Much is My Home Worth in Cheltenham?

Real Estate Appraisal Cheltenham VIC 3192

Are you thinking of selling or renting your Cheltenham home?

The median priced house in Cheltenham as of March 4, 2025, is $1,205,000. The median price for a unit is $640,000. In Cheltenham, houses rent for $730 PW annually, yielding a 3.3% rental return, while apartments rent for $530 PW, yielding a 4.5% rental yield, should you be searching for an investment property. The compound annual growth rate for homes in Cheltenham is 0.4%, while the rate for units is -4.5%.

House Prices and Rent Returns in Cheltenham.

• 2 bedroom home $935,500 and $625 per week rent.
• 3 bedroom home $1,170,000 and $700 per week rent.
• 4 bedroom home $1,400,000 and $900 per week rent.

Unit Prices and Rent Returns in Cheltenham.

• 1 bedroom unit $414,000 and $440 per week rent.
• 2 bedroom unit $618,500 and $530 per week rent.
• 3 bedroom unit $890,000 and $645 per week rent.

It takes on average 38 days to sell a house and 44 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.

Suburb Market Reports