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Area profile

Cheltenham

VIC 3192

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Area profile

Cheltenham

VIC 3192

Advantage: 9/10Education: 9/10Resources: 8/10

Nearby suburbs

  • Cheltenham East
  • Cheltenham North
  • Southland Centre
  • Wishart
  • Moorabbin
  • Mentone
  • Moorabbin Airport
  • Waterways
  • Heatherton
  • Aspendale
Combined Median

$908K

7.3%
House Median

$1.26M

Apartment Median

$556K

Active Listings

N/A

Months of Supply

N/A

Median DOM

30 days

2 observed sales · small sample · stable for 14 days · through Sept 2026

Price Trends

September 2026 – October 2026: sale records are still arriving, so these faded bars are incomplete and their prices are not plotted yet.

Trailing three-month mean across priced sales. Each point combines that month and the previous two; windows with fewer than five priced sales remain blank.

Days on Market

Observed from qualified active listings to stable market outcomes.

Rolling three completed months · exact observed dates · n under 5 is marked as a small sample in the tooltip

Rental Market

Median Rent

$620/wk

59.6% YoY

Gross Yield

3.6%

The Cheltenham market right now

The Cheltenham property market has experienced significant growth, with the combined median sale price reaching $870,000. This represents a substantial increase of 29.9% compared to the same month in the previous year. Detached houses are currently seeing a median sale price of $880,000, while apartments and units have a median sale price of $285,000. In the latest month recorded, 21 properties were sold in the area.

Generated from Addie market data · August 2026

Asking-price drift (still listed)

Preliminary

$0

Median · 67 open campaigns · 0.0%

Some exclusion reasons are unavailable in this published sample · all campaign dates are inferred from observations; exact dates may differ

Open campaigns can still change; this figure is provisional.

Last asking price → sold

+$24,999

Median · 293 completed campaigns · 2.5% · Melbourne – Inner South (SA4)

Showing Melbourne – Inner South (SA4) because Cheltenham has only 13 completed campaigns (needs 20).

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

First asking price → sold

+$15,000

Median · 266 completed campaigns · 2.0% · Melbourne – Inner South (SA4)

Showing Melbourne – Inner South (SA4) because Cheltenham has only 12 completed campaigns (needs 20).

Some exclusion reasons are unavailable in this published sample · all sale dates are inferred from observations; exact dates may differ

Updated 4 Nov · build 205 · price policy v3 · figures need at least 20 campaigns

Listings

50 Central Park Walk, Cheltenham - Image 1
+9
1 / 14
TOWNHOUSEReserve: $760,000

50 Central Park Walk

2 bed2 bath1 car
22B Charles Street, Cheltenham - Image 1
+15
1 / 20
HOUSE$1,600,000-$1,700,000 | Private Sale

22B Charles Street

4 bed3 bath2 car373 m²
3B Shirlian Street, Cheltenham - Image 1
+7
1 / 12
TOWNHOUSE$1,200,000 - $1,250,000

3B Shirlian Street

3 bed2 bath2 car280 m²
2B Heather Grove, Cheltenham - Image 1
+10
1 / 15
HOUSE$1,350,000 - $1,400,000

2B Heather Grove

4 bed2 bath2 car228 m²
21 Allnutt Parade, Cheltenham - Image 1
+3
1 / 8
HOUSE$1,250,000-$1,320,000

21 Allnutt Parade

4 bed2 bath2 car669 m²
3 / 17 Kayden Street, Cheltenham - Image 1
+14
1 / 19
APARTMENT$750,000 - $800,000

3 / 17 Kayden Street

2 bed1 bath2 car
408/6 Railway Road, Cheltenham - Image 1
+7
1 / 12
OTHER$450,000 - $480,000

408/6 Railway Road

2 bed1 bath1 car
4/138 Centre Dandenong Road, Cheltenham - Image 1
+5
1 / 10
OTHER$580,000 - $630,000

4/138 Centre Dandenong Road

2 bed1 bath1 car
16 / 1-6 Chaprowe Court, Cheltenham - Image 1
+8
1 / 13
APARTMENT$600,000 - $650,000

16 / 1-6 Chaprowe Court

2 bed1 bath1 car
4/10 Baringhup Street, Cheltenham - Image 1
+6
1 / 11
OTHER$650,000 - $700,000

4/10 Baringhup Street

2 bed1 bath2 car
3/22 Gillman Street, Cheltenham - Image 1
+11
1 / 16
TOWNHOUSEReserve: $945,000

3/22 Gillman Street

3 bed2 bath2 car160 m²
9 Moonda Grove, Cheltenham - Image 1
+14
1 / 19
HOUSEAuction

9 Moonda Grove

3 bed2 bath1 car724 m²
7/1 Garfield Street, Cheltenham - Image 1
+11
1 / 16
APARTMENTAuction Reserve | $820,000.

7/1 Garfield Street

3 bed2 bath2 car116 m²
2 Cronin Court, Cheltenham - Image 1
+27
1 / 32
HOUSE$1.38M

2 Cronin Court

4 bed2 bath2 car524 m²
Reserve: 1,378,899
21 Freda Avenue, Cheltenham - Image 1
+12
1 / 17
HOUSEReserve: $1,140,000

21 Freda Avenue

3 bed1 bath1 car809 m²
1/18 Wedd Street, Cheltenham - Image 1
+8
1 / 13
OTHERVendors Reserve: $1,125,000

1/18 Wedd Street

3 bed2 bath1 car321 m²
406/9 Chesterville Road, Cheltenham - Image 1
+10
1 / 15
APARTMENT$399,000-$430,000 | Private Sale

406/9 Chesterville Road

2 bed1 bath1 car
5/46 Warren Road, Cheltenham - Image 1
+12
1 / 17
APARTMENTContact Agent

5/46 Warren Road

2 bed1 bath2 car
2/14 Centre Dandenong Road, Cheltenham - Image 1
+8
1 / 13
OTHER$1,050,000 - $1,100,000

2/14 Centre Dandenong Road

4 bed3 bath2 car
52 Olympic Avenue, Cheltenham - Image 1
+16
1 / 21
OTHERPrivate Sale | $1,796,000 - $1,975,000

52 Olympic Avenue

4 bed3 bath4 car848 m²
108 Cavanagh Street, Cheltenham - Image 1
+15
1 / 20
HOUSEReserve: $1,200,000

108 Cavanagh Street

3 bed2 bath4 car344 m²
10 Parnell Street, Cheltenham - Image 1
+13
1 / 18
HOUSEReserve: $1,125,000

10 Parnell Street

3 bed2 bath2 car750 m²
1/1-6 Chaprowe Court, Cheltenham - Image 1
+8
1 / 13
OTHER$709,000

1/1-6 Chaprowe Court

2 bed1 bath1 car
3 Brett Court, Cheltenham - Image 1
+15
1 / 20
HOUSEReserve: $1,400,000

3 Brett Court

4 bed2 bath2 car679 m²

Showing 24 of 85

Neighbourhood Profile

Economy

Unemployment4.6%
Median Income$66,552
Businesses1,736

Safety

Moderate, per resident, among VIC suburbs

7,328 incidents a year per 100,000 residents

Recorded incidents1,913

12 months to Sep 2025 · Crime Statistics Agency

Liveability

Walkability76/100
Transit38/100
Amenities92/100

Top Agents

AgentAgencySalesAvg PriceContact
Kevin ChokshiRay White386$1.0M
Emily WhiteheadBuxton208$920K
Angela LimanisRay White202$952K
Trevor BowenRay White142$1.2M
Mathew CoxBuxton141$900K
Wesley BeltBuxton107$1.1M
Amanda MorecroftBuxton78$928K
Pandelis PlousiHodges76$1.0M
Travis DayRay White69$558K
Noel SusayBuxton42$913K