Property value increases in Cheltenham have tracked lower than the NSW average of 7.47% over the last 12 months.
While Cheltenham,2119 ranked number 1273th in NSW for increase in median house value (annualised) increase, it is ranked 284th over the last 5 years.
Cheltenham2119 is located in NSW which offers an average discount of -5.49% to property investors. Cheltenham itself is showing figures that indicate -7.38% is the average achievable by property buyers investing in the suburb.
In the last year 25 properties changed hands in Cheltenham, which puts it as the 1029th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Cheltenham being $1618500 and the advertised rent reaching $662.5 the gross rental yield for property investors calculates out to be 2.13%