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
26B Brampton St, Cheltenham2PriceTownhouseAuction Sale20/02/2026OBrien Real EstateView
1A Hallinan Ct, Cheltenham4PriceTownhouseAuction Sale20/02/2026Buxton
904/6 Railway Rd, Cheltenham2PriceApartmentAuction Sale20/02/2026Jellis CraigView
238 Warrigal Rd, Cheltenham4PriceHousePassed in at Auction20/02/2026Ray White - The Bayside GroupView
2/6 Jean St, Cheltenham2PriceTownhousePrivate Sale26/01/2026Buxton
73 Weatherall Rd, Cheltenham4PriceHouseSold Before Auction4/01/2026Eleven NorthView
6 Lauriston Ct, Cheltenham3PriceHouseAuction Sale20/02/2026Buxton
206/323 Charman Rd, Cheltenham2PriceApartmentPrivate Sale10/02/2026Barry Plant
12/21 Reeve Ct, Cheltenham3PriceTownhouseSold Before Auction4/02/2026BuxtonView

Sales data

Median sale price
$1.3mil
Quarterly price change
-1.7%
Metro Melbourne Comparison
$974k
1.8%
BedroomsCheltenhamMetro comparison
2-$940,000
3$1,200,000$851,000
4$1,423,750$970,000
InsightCheltenhamMetro comparison
Clearance rate89%77.8%
Days on market3836

Rental data

Median weekly rent
$790
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.2%
BedroomsCheltenhamMetro comparison
2-$585
3$725$550
4$875$600
Median data for the current quarter
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