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.
Median data for March Quarter 2021. Click here for details.
Median Sale Price
$1.22mil
Metro Melbourne
$1mil
Quarterly Price Change
1.7%
8.8%
Median Rent
$568
$480
Rental Yield
2.6%
2.7%
$805k
$673k
15%
4.8%
$430
$400
3.1%
3.2%
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