Market snapshot

Suburb insights for Cheltenham3192

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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.

Recent sales and auction results in Cheltenham

AddressBedroomsPriceTypeMethodSale DateAgentListing
6 Courtney St, Cheltenham3PriceHouseAuction Sale4/04/2025Jellis Craig
2/9-11 Delacombe Ct, Cheltenham2PriceVillaAuction Sale4/04/2025Eview GroupView
1/17 Jellicoe St, Cheltenham3PriceUnitPassed in Vendor Bid4/04/2025Buxton - 0View
47 Lincoln Dr, Cheltenham3PriceHouseAuction Sale4/04/2025Buxton
5A Luxmoore St, Cheltenham3PriceTownhouseAuction Sale4/04/2025Jellis Craig
24B Wembley Av, Cheltenham4PriceTownhouseAuction Sale4/04/2025Ray White CheltenhamView
61 Wingrove St, Cheltenham5PriceHouseAuction Sale4/04/2025Hodges - 0
14 Cobham St, Cheltenham4PriceHouseAuction Sale2/04/2025Jellis Craig
31 Kelmar St, Cheltenham4PriceHouseSold Before Auction2/04/2025Ray White CheltenhamView
73 Benkel Av, Cheltenham3PriceHouseSold Before Auction23/03/2025Buxton - 0View
107/30 Garfield St, Cheltenham2PriceApartmentPrivate Sale21/03/2025Buxton
6/28 Tulip Gr, Cheltenham2PriceUnitAuction Sale4/04/2025Ray White CheltenhamView
6 Pyingerra Cr, Cheltenham4PriceHouseSold Before Auction2/04/2025Ray White CheltenhamView

Sales data

Median sale price
$1.2mil
Quarterly price change
-0.6%
Metro Melbourne Comparison
$923k
2.7%
BedroomsCheltenhamMetro comparison
2$970,000$881,200
3$1,168,000$810,000
4$1,421,000$942,350
InsightCheltenhamMetro comparison
Clearance rate79.4%78.5%
Days on market4442

Rental data

Median weekly rent
$720
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
BedroomsCheltenhamMetro comparison
2-$580
3$700$550
4$800$600
Median data for the current quarter
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