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 June 2020 Quarter. Click here for details.
Median Sale Price
$915k
Metro Melbourne
$864k
Quarterly Price Change
-21.7%
-3.5%
Median Rent
$560
$470
Rental Yield
2.6%
2.8%
$630k
$621k
-19.3%
-2.5%
$430
3.2%
3.5%
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