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
2 Atunga Ct, Cheltenham3PriceHouse (Res)Auction Sale28/03/2025Ray White CheltenhamView
5 Craig Ct, Cheltenham3PriceHouse (Res)Auction Sale28/03/2025Lewin Real EstateView
13B Devon St, Cheltenham4PriceTownhouse (Res)Passed in at Auction28/03/2025Ray White CheltenhamView
69 Farm Rd, CheltenhamPriceHouse (Res)Passed in at Auction28/03/2025Hodges
7 Harvey Ct, Cheltenham4PriceHouse (Res)Auction Sale28/03/2025Lewin Real Estate - 0View
47 Stuart Av, Cheltenham3PriceHouse (Res)Auction Sale28/03/2025BuxtonView
1A Wallingford St, Cheltenham2PriceTownhouse (Res)Auction Sale28/03/2025Ray White CheltenhamView
17B Goulburn St, Cheltenham2PriceTownhouse (Res)Sold Before Auction13/03/2025Buxton
4 Kimpton St, Cheltenham3PriceHouse (Res)Auction Sale28/03/2025OBrien Real Estate - 0
42 Tintern Mews, Cheltenham3PriceUnitSold Before Auction28/03/2025eview Colella
1/92 Cavanagh St, Cheltenham2PriceUnitPrivate Sale13/03/2025Belle Property St KildaView

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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