Market snapshot
Suburb insights for Cheltenham3192
Change suburbCheltenham, 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 5 Avalon Ct, Cheltenham | 3 |  | House | Auction Sale | 24/10/2025 | Lewin Real Estate | View |
| 23 Harkaway Dr, Cheltenham | 4 |  | House | Auction Sale | 24/10/2025 | Lewin Real Estate | View |
| 10/1379 Nepean Hwy, Cheltenham | 2 |  | Apartment | Auction Sale | 24/10/2025 | Ray White - The Bayside Group | View |
| 6A Sydney St, Cheltenham | 4 |  | Townhouse | Auction Sale | 24/10/2025 | Belle Property Sandringham | |
| 35 Wilson St, Cheltenham | 4 |  | House | Auction Sale | 24/10/2025 | Hodges | View |
| 40 Benkel Av, Cheltenham | 4 |  | House | Sold Before Auction | 20/10/2025 | Ray White - The Bayside Group | View |
| 4/109 Weatherall Rd, Cheltenham | 2 |  | Unit | Private Sale | 13/10/2025 | Buxton | |
| 20 Camelia Gr, Cheltenham | 4 |  | House | Passed in at Auction | 24/10/2025 | Marshall White & Co | |
| 18 Gilford Gr, Cheltenham | 4 | | House | Auction Sale | 24/10/2025 | Buxton | View |
| 2/34 Glebe Av, Cheltenham | 3 | | Unit | Sold Before Auction | 22/10/2025 | Eleven North | View |
| 9/55 Wilson St, Cheltenham | 2 | | Townhouse | Sold Before Auction | 21/10/2025 | Lynchs Real Estate | View |
| 143 Centre Dandenong Rd, Cheltenham | 3 | | House | Private Sale | 15/10/2025 | Hodges | View |
Sales data
Median sale price
$1.3mil
Quarterly price change
5.7%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | $1,057,500 | $910,000 |
| 3 | $1,176,944 | $830,000 |
| 4 | $1,500,000 | $951,500 |
| Insight | Cheltenham | Metro comparison |
|---|---|---|
| Clearance rate | 87.6% | 81.4% |
| Days on market | 44 | 36 |
Rental data
Median weekly rent
$750
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Cheltenham | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $720 | $550 |
| 4 | $888 | $600 |
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