At number 402th in the list of Australian suburbs ordered by increase in median house value over the last year, Cheltenham, 3192 is in the top 10% with a property value increase of 16.23% recorded in median house prices.
Over the longer term, Cheltenham has seen property prices show investors a 45.53% return over the last 3 years. This is worse than over the last 12 months
Cheltenham3192 is located in VIC which offers an average discount of -6.04% to property investors. Cheltenham itself is showing figures that indicate -4.11% is the average achievable by property buyers investing in the suburb.
Cheltenham is 475th on a list of best yielding suburbs for rents in VIC with a 2.73% return
Over the last year, property investments in Cheltenham, 3192 have given investors a capital gain of 1.45%. This compares badly with the 3.63% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Cheltenham comes in at number 81th in VIC.
At number 105th of VIC’s most discounted properties, Cheltenham is in the bottom 40% of the state/territory when listing in order of most discounted to least.
The VIC suburb of Cheltenham, 3192 is in the Kingston local government area.