Suburb

Market snapshot

Suburb insights for Cheltenham3192

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Cheltenham, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
31 Cobham St, Cheltenham4PriceHouseAuction Sale7/08/2026Area Specialist KeysboroughView
8B Devon St, Cheltenham4PriceTownhouseAuction Sale7/08/2026BuxtonView
48 Nancy St, Cheltenham3PriceHouseAuction Sale7/08/2026Lewin Real EstateView
3/143 Weatherall Rd, Cheltenham2PriceUnitAuction Sale7/08/2026BuxtonView
11 Azalea Ct, Cheltenham3PriceHouseAuction Sale7/08/2026BuxtonView
1/14 Sunray Av, Cheltenham3PriceUnitPassed in at Auction7/08/2026Your Agency - Your MoveView
2/14 Sunray Av, Cheltenham2PriceUnitAuction Sale7/08/2026Your Agency - Your MoveView
2/66 Wilson St, Cheltenham3PriceTownhouseSold Before Auction30/07/2026BuxtonView
18B Jean St, Cheltenham3PriceTownhouseSold Before Auction26/07/2026Jellis Craig

Sales data

Median sale price
$1.2mil
Quarterly price change
-4.8%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsCheltenhamMetro comparison
2-$950,000
3$1,230,000$872,000
4$1,395,000$990,000
InsightCheltenhamMetro comparison
Clearance rate79.2%68.8%
Days on market36.542

Rental data

Median weekly rent
$770
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
BedroomsCheltenhamMetro comparison
2-$600
3$750$560
4$850$600
Median data for the current quarter
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