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 |
|---|---|---|---|---|---|---|---|
| 14 Allnutt Pde, Cheltenham | 3 |  | House | Auction Sale | 28/11/2025 | Ray White - The Bayside Group | View |
| 17 Bellevue Rd, Cheltenham | 3 |  | House | Auction Sale | 28/11/2025 | Ray White - The Bayside Group | View |
| 12B Erskine Av, Cheltenham | 4 |  | Townhouse | Auction Sale | 28/11/2025 | Ray White - The Bayside Group | View |
| 13 Erskine Av, Cheltenham | 4 |  | House | Auction Sale | 28/11/2025 | Buxton | View |
| 2/18 Wilson St, Cheltenham | 3 |  | Townhouse | Auction Sale | 28/11/2025 | Hodges | |
| 4/59 Wilson St, Cheltenham | 2 |  | Unit | Sold Before Auction | 27/11/2025 | Ray White - The Bayside Group | View |
| 1/76 Chesterville Rd, Cheltenham | 2 |  | Apartment | Sold Before Auction | 17/11/2025 | Buxton | View |
| 14A Kelmar St, Cheltenham | 2 |  | Unit | Private Sale | 16/11/2025 | Hodges | |
| 18 Alray Dr, Cheltenham | 4 |  | House | Passed in at Auction | 28/11/2025 | Ray White - The Bayside Group | View |
| 120 Chesterville Rd, Cheltenham | 3 | | House | Auction Sale | 28/11/2025 | RT Edgar Glen Eira | View |
| 1 Shelford Ct, Cheltenham | 3 | | House | Auction Sale | 28/11/2025 | Hodges | View |
| 16B Irene Ct, Cheltenham | 3 | | Townhouse | Private Sale | 17/11/2025 | Jellis Craig Mentone & Chelsea | |
| 97 Benkel Av, Cheltenham | 3 | | House | Sold Before Auction | 13/11/2025 | Buxton | View |
Sales data
Median sale price
$1.3mil
Quarterly price change
5.7%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | $1,057,500 | $910,000 |
| 3 | $1,176,944 | $830,000 |
| 4 | $1,500,000 | $951,500 |
| Insight | Cheltenham | Metro comparison |
|---|---|---|
| Clearance rate | 87.6% | 81.4% |
| Days on market | 44 | 36 |
Rental data
Median weekly rent
$750
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $720 | $550 |
| 4 | $888 | $600 |
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