Suburb Profile Report for Cheltenham VIC (3192)

Cheltenham House: Median price $1,176,500, Annual capital growth 6.77%, Number of sales 235, Weekly median advertised rent $570

Cheltenham Unit: Median price $675,000, Annual capital growth 4.89%, Number of sales 248, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Cheltenham, 3192 have given investors a capital gain of 10.47%. This compares badly with the 14.59% for VIC as a whole.

Cheltenham,3192 has offered an average of 10.47% return per annum in house price rises to property investors over the last three years.

Cheltenham, 3192 is offering VIC ‘s 111th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

Cheltenham, 3192’s gross rental yield is 2.52%

Property investors who have had real estate in Cheltenham, 3192 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.87%

Cheltenham,3192 has offered an average of 8.87% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Cheltenham 3192 should be seeing an average reduction in asking price of around -4.49% . This means that Cheltenham is holding prices well when compared to other suburbs in VIC.

Metrics i HOUSE UNIT
$1,176,500 $675,000
7.20% 4.17%
10.47% 8.87%
6.77% 4.89%
$570 $420
235 248
2.52% 3.24%
53.2027027027027 69.7684210526316

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 20291
Median household income ($/weekly) 1234
Median age of persons 40
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 2178 10.7
    25-34 years 2575 12.7
    35-44 years 3180 15.7
    45-54 years 2685 13.2
    55-64 years 2189 10.8
    Others 7486 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 7792 50.6
    Not Married 6458 41.9
    Defacto Relationship 1154 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 13981 72.4
    Hong Kong 453 2.3
    Indonesia 394 2.0
    United Kingdom 1092 5.7
    Other 893 4.6
    Others 2504 13.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 271 1.5
    Christianity 12206 66.2
    Hinduism 312 1.7
    Islam 319 1.7
    No Religion 4929 26.7
    Others 407 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 821 11.5
    $600-$799 629 8.8
    $1,500-$1,999 885 12.4
    $2,000-$2,499 644 9.0
    $2,500-$2,999 674 9.4
    Others 3491 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6120 38.3
    Not in the labour force 5769 36.1
    Employed, worked part-time 3108 19.4
    Employed, away from work 566 3.5
    Unemployed, looking for work 436 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 1259 12.8
    Professionals 2503 25.5
    Technicians & trades workers 1312 13.4
    Clerical & administrative workers 1630 16.6
    Sales 1035 10.6
    Others 2060 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 379 8.8
    Infants/Primary 1454 33.7
    Secondary 1116 25.9
    Technical or Further Educational Institution 409 9.5
    University or other Tertiary Institutions 799 18.5
    Others 154 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14566 76.6
    Flat, unit or apartment 2317 12.2
    Semi-detached, row or terrace house, townhouse 2102 11.1
    House or flat attached to a shop, office 30 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3108 40.5
    Being purchased 2700 35.2
    Rented 1803 23.5
    Other tenure type 69 0.9
    Tenure Type
Census 2011, ABS
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