Market snapshot

Suburb insights for Cheltenham3192

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Cheltenham is located 19 km south-east of the CBD. Cheltenham is a major residential commercial and industrial centre in Melbourne's south. The commercial focus of the suburb is based at Southland Shopping Centre and around the Cheltenham railway station although the suburb is also noteworthy for being the location of Moorabbin Airport and nearby Direct Factory Outlets shopping centre. Cheltenham also features a number of golf courses including the Victoria Cheltenham and parts of the Sandringham Municipal and the Royal Melbourne Golf Clubs.

Recent sales and auction results in Cheltenham

AddressBedroomsPriceTypeMethodSale DateAgentListing
23 Irene Ct, Cheltenham5PriceHouseAuction Sale13/06/2025Ray White CheltenhamView
4/17A Judd Pde, Cheltenham2PriceUnitAuction Sale13/06/2025HodgesView
15 Lorraine St, Cheltenham2PriceHouseAuction Sale13/06/2025Buxton
30 Silver St, Cheltenham5PriceHouseAuction Sale13/06/2025Lewin Real EstateView
22 Harpley St, Cheltenham4PriceHouseSold Before Auction11/06/2025Lewin Real EstateView
18 May St, Cheltenham3PriceTownhousePrivate Sale11/06/2025Ray White CheltenhamView
98 Centre Dandenong Rd, Cheltenham5PriceHouseSold Before Auction1/06/2025BuxtonView
5B Cox St, Cheltenham4PriceTownhousePassed in Vendor Bid13/06/2025Lewin Real EstateView
1A Christensen St, Cheltenham3PriceTownhouseSold Before Auction2/06/2025Jellis Craig

Sales data

Median sale price
$1.2mil
Quarterly price change
-0.6%
Metro Melbourne Comparison
$923k
2.7%
BedroomsCheltenhamMetro comparison
2$970,000$881,200
3$1,168,000$810,000
4$1,421,000$942,350
InsightCheltenhamMetro comparison
Clearance rate79.4%78.5%
Days on market4442

Rental data

Median weekly rent
$720
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
BedroomsCheltenhamMetro comparison
2-$580
3$700$550
4$800$600
Median data for the current quarter
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