Profile for Cheltenham

3192

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
21 Siede Ct, Cheltenham 4 House (Res) Sold Before Auction 03/06/2021 Hodges
19B Elliott St, Cheltenham 3 Townhouse (Res) Sold Before Auction 18/06/2021 Buxton

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$1.22mil

Metro Melbourne

$1mil

Quarterly Price Change

1.7%

Metro Melbourne

8.8%

Median Rent

$568

Metro Melbourne

$480

Rental Yield

2.6%

Metro Melbourne

2.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 93% 83.8%
Days on Market 29 36
Median price by Bedrooms Suburb Metro
2 Bedrooms $933,750 $930,000
3 Bedrooms $1,050,000 $810,000
4 Bedrooms $1,253,000 $990,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $500
3 Bedrooms $533 $450
4 Bedrooms $650 $500

Median data for March Quarter 2021. Click here for details.

Median Sale Price

$805k

Metro Melbourne

$673k

Quarterly Price Change

15%

Metro Melbourne

4.8%

Median Rent

$430

Metro Melbourne

$400

Rental Yield

3.1%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 93% 83.8%
Days on Market 29 36
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $390,000
2 Bedrooms $630,000 $600,000
3 Bedrooms $935,000 $810,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $340 $340
2 Bedrooms $415 $420
3 Bedrooms $595 $525

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