Giving property investors a a solid capital gain of 17.62% for the last year, Cheltenham, 3192 is the 338th highest performer in Australia in this respect.
Over the longer term, Cheltenham has seen property prices show investors a 45.77% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Cheltenham are currently offering property investors an average price cut of -3.75% below the asking price at the moment.
Often selling an investment property can take time, and in Cheltenham the average time real estate has been on the market is 48.36 days.
Property investors should expect to get $482.5 weekly from the median priced house in this suburb.
Cheltenham has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.46% to date .
Taking the average capital gain, or increase in median house value, Cheltenham,3192 has racked up an average of -0.46% over the period. This ranks it number 601th in the whole country for real estate investors looking at median house price increases.
Cheltenham, 3192 is offering VIC ‘s 235th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Situated 18.30km from the CBD, Cheltenham is one of Kingston localities in the postcode 3192.