Profile for Cheltenham

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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.

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Recent Sales & Auction Results in Cheltenham

Address Price Type Method Sale Date Agent
Property List
4/24 Centre Dandenong Rd, Cheltenham 3 House (Res) Auction Sale 16/06/2024 Levic Group Pty Ltd
47 Central Park Wlk, Cheltenham 2 Townhouse (Res) Auction Sale 15/06/2024 First National JXRE
71 Evesham Rd, Cheltenham 4 House (Res) Passed in Vendor Bid 15/06/2024 Buxton
49 Fairview Av, Cheltenham - House (Res) Auction Sale 15/06/2024 Jellis Craig
6 Hartwell Pl, Cheltenham 4 House (Res) Auction Sale 15/06/2024 Jellis Craig
14 Holmby Rd, Cheltenham 4 House (Res) Auction Sale 15/06/2024 Ray White Cheltenham
9 Tilley St, Cheltenham 4 House (Res) Auction Sale 15/06/2024 Jellis Craig
1/2 Tanti St, Cheltenham 3 House (Res) Sold Before Auction 13/06/2024 Buxton
2 Central Park Wlk, Cheltenham 2 Townhouse (Res) Private Sale 12/06/2024 Biggin & Scott Glen Waverley
23C Olympic Av, Cheltenham 3 House (Res) Private Sale 28/05/2024 Buxton
1/7 Gillman St, Cheltenham 3 Townhouse (Res) Sold Before Auction 27/05/2024 Eview Group Property Solutions
8A Kardinian Av, Cheltenham 2 Townhouse (Res) Sold Before Auction 25/05/2024 Buxton
33 Latrobe St, Cheltenham 4 House (Res) Auction Sale 15/06/2024 Marshall White
3 Peters Dr, Cheltenham 4 House (Res) Sold Before Auction 12/06/2024 Jellis Craig
222/8 Railway Rd, Cheltenham 2 Unit Private Sale 06/05/2024 Obrien Real Estate Mordialloc

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.34m

Metro Melbourne

$929k

Quarterly Price Change

5.8%

Metro Melbourne

2%

Median Rent

$670

Metro Melbourne

$550

Rental Yield

2.7%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.8% 75.3%
Days on Market 34 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $1,172,000 $810,000
4 Bedrooms $1,420,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $660 $520
4 Bedrooms $795 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$760k

Metro Melbourne

$635k

Quarterly Price Change

4.8%

Metro Melbourne

0.3%

Median Rent

$530

Metro Melbourne

$520

Rental Yield

3.7%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.8% 75.3%
Days on Market 34 40
Median price by Bedrooms Suburb Metro
1 Bedroom $352,500 $370,000
2 Bedrooms $630,000 $600,000
3 Bedrooms $963,750 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $450 $450
2 Bedrooms $520 $540
3 Bedrooms $670 $620

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