Suburb market data

Cheltenham, VIC 3192

Cheltenham VIC 3192: median asking price $700K for units and townhouses (30 listings). Bond rents and ranked listings.

Cheltenham asking prices: units and townhouses

• Median asking price, units and townhouses: $700K (30 listings). Middle 50%: $558K to $928K
• Active listings tracked: 64

Based on active listings with an advertised asking price, last checked between 26 Mar 2026 and 27 Oct 2026.

Cheltenham weekly rents (rental bond data)

• Median weekly rent, houses: $768/wk (Victorian DFFH rental report)
• Median weekly rent, units and townhouses: $552/wk (Victorian DFFH rental report)
• Indicative gross yield, units and townhouses: 4.1% (from the median bond rent and median asking price above)

Asking prices in Cheltenham, all listings

• Under $400k: 2 listings (5.0%)
• $400k-$600k: 8 listings (20.0%)
• $600k-$800k: 10 listings (25.0%)
• $800k-$1m: 6 listings (15.0%)
• $1m-$1.5m: 11 listings (27.5%)
• $1.5m-$2m: 2 listings (5.0%)
• $2m+: 1 listing (2.5%)

Ranked active listings in Cheltenham

• 9 1255 Nepean Highway, $440K, 6.5% estimated yield
• 912/2-6 Railway Road, $450K, 6.4% estimated yield
• 14/1255 Nepean Highway, $450K, 6.4% estimated yield
• 1/131-135 Cavanagh Street, $489K, 5.8% estimated yield
• 3 113-115 Herald Street, $685K, 4.4% estimated yield
• 306/2-6 Railway Road, $550K, 5.2% estimated yield
• 5B Lorraine Street, $1.00M, 3.6% estimated yield
• 1 13 Argus Street, $640K, 4.5% estimated yield
• 121 Wilson Street, $660K, 4.3% estimated yield
• 2/66 Wilson Street, $695K, 4.1% estimated yield
• 3/26 Tulip Grove, $700K, 4.1% estimated yield
• 2/157 Warrigal Road, $700K, 4.1% estimated yield

Nearby suburbs

• Mentone, VIC 3194
• Highett, VIC 3190
• Beaumaris, VIC 3193
• Moorabbin, VIC 3189
• Parkdale, VIC 3195
• Hampton East, VIC 3188
• Mordialloc, VIC 3195
• Sandringham, VIC 3191

Victoria market data

• Melbourne median asking price, all listings, median weekly bond rent and estimated rental yield
• Victoria (VIC) median asking price, all listings, median weekly bond rent and estimated rental yield
• Australian median asking price, all listings, by state

High-yield properties for sale in Cheltenham, VIC 3192

Use this data

These Cheltenham asking-price figures are computed from listings we track directly, rents come from state rental bond data, and both are published under the Creative Commons Attribution 4.0 licence. Republish them anywhere, including commercially, as long as you credit Aus Property Invest.