Market snapshot
Suburb insights for Cheltenham3192
Change suburbCheltenham, approximately 17 km southeast of the CBD, is a major activity centre anchored by Cheltenham train station and the Southland Shopping Centre. It offers a mix of residential streets, modern apartments and multicultural dining along Centre Dandenong Road. The area is well-served by trams, buses and cycling paths, and hosts several quality schools and recreational spaces. Its blend of lifestyle and convenience draws families, young professionals and retirees.
Recent sales and auction results in Cheltenham
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 8/15-19 Argus St, Cheltenham | 2 |  | Unit | Passed in at Auction | 15/05/2026 | Ray White - The Bayside Group | View |
| 7/14-16 Barrett St, Cheltenham | 2 |  | Unit | Auction Sale | 15/05/2026 | Ray White - The Bayside Group | View |
| 1/65 Latrobe St, Cheltenham | 3 |  | House | Auction Sale | 15/05/2026 | Ray White - The Bayside Group | View |
| 110/30 Munro Av, Cheltenham | 3 |  | Apartment | Passed in at Auction | 15/05/2026 | Ray White - The Bayside Group | View |
| 19 Bellevue Rd, Cheltenham | 2 |  | Townhouse | Sold Before Auction | 4/05/2026 | Belle Property Sandringham | View |
| 70/310 Warrigal Rd, Cheltenham | 2 |  | Townhouse | Private Sale | 28/05/2026 | Barry Plant | |
| 76 Bernard St, Cheltenham | 3 | | House | Auction Sale | 15/05/2026 | Ray White - The Bayside Group | View |
| 27B Follett Rd, Cheltenham | 4 | | Townhouse | Auction Sale | 15/05/2026 | Jellis Craig Mentone & Chelsea | |
| 1 Tintern Mews, Cheltenham | 3 | | Townhouse | Passed in Vendor Bid | 15/05/2026 | Ray White - The Bayside Group | View |
| 17/105 Park Rd, Cheltenham | 2 | | Unit | Sold Before Auction | 12/05/2026 | Hodges |
Sales data
Median sale price
$1.3mil
Quarterly price change
-1.9%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,230,000 | $863,000 |
| 4 | $1,412,000 | $980,500 |
| Insight | Cheltenham | Metro comparison |
|---|---|---|
| Clearance rate | 77% | 74.9% |
| Days on market | 37 | 37 |
Rental data
Median weekly rent
$760
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $725 | $550 |
| 4 | $855 | $595 |
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