Cheltenham VIC Property Investment

Kingston (Vic.) · 3192

Looking at a specific property in Cheltenham? Get its legal use, net yield and a rules-based walk-or-bid check. Your first full Report is free.

Median House Price

$1.20M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$715K

As of 7 Nov 2026.

Population (Census 2021)

23,992

Cheltenham Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Cheltenham: 3.7% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Victoria, whole state, 12 months to Aug 2026: 57,002. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole state, not just Cheltenham.

Suburb Metric Thresholds

3 green4 yellow0 red

Population growth 2016–21, postcode 3192 (ABS Census)

1.6 high impact

Median Household Income

1921 medium impact

Public Transport Score

6.7 medium impact

School Zone Quality

7.7 medium impact

Distance to CBD

19.02 medium impact

SEIFA Advantage/Disadvantage

8 medium impact

Owner Occupier Rate

70.1 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3192

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population (suburb)

23,992

Education (IEO)

9/10

Econ. Resources (IER)

7/10

Schools

In your catchment

Cheltenham East Primary School

PrimaryGovernment

8.4/10

Cheltenham Secondary College

SecondaryGovernment

7/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.