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
6 Banool St, Cheltenham 4 House (Res) Passed in Vendor Bid 24/02/2024 Nick Johnstone
1/32 Centre Dandenong Rd, Cheltenham 3 Unit Auction Sale 24/02/2024 Barry Plant
25A Heather Gr, Cheltenham 3 House (Res) Auction Sale 24/02/2024 Ray White Cheltenham
4 Lauriston Ct, Cheltenham 4 House (Res) Auction Sale 24/02/2024 Hodges
9 Selwood Ret, Cheltenham 2 Unit Auction Sale 24/02/2024 Ray White Cheltenham
344A Warrigal Rd, Cheltenham 3 House (Res) Auction Sale 24/02/2024 Lewin Real Estate
13/105-107 Park Rd, Cheltenham 2 Unit Passed in at Auction 22/02/2024 Ray White Cheltenham

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$1.23m

Metro Melbourne

$909k

Quarterly Price Change

1.2%

Metro Melbourne

-2.2%

Median Rent

$650

Metro Melbourne

$550

Rental Yield

2.8%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.2% 72.5%
Days on Market 33.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $1,165,000 $815,000
4 Bedrooms $1,405,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $540
3 Bedrooms $630 $500
4 Bedrooms $823 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$778k

Metro Melbourne

$633k

Quarterly Price Change

8.7%

Metro Melbourne

-0.1%

Median Rent

$520

Metro Melbourne

$500

Rental Yield

3.8%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 79.2% 72.5%
Days on Market 33.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom $400,000 $370,000
2 Bedrooms $614,750 $600,000
3 Bedrooms $965,000 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $423 $420
2 Bedrooms $480 $520
3 Bedrooms $650 $600

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