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Investment Property Cheltenham, VIC, 3192

Suburb Snapshot

Cheltenham is a suburb in the Kingston Region of Victoria. Cheltenham has a population of 22,297 people and 22.66% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 0.00% over the past year and changed -4.35% over 2 years.

The median rent in Cheltenham for houses is $700 per week and the median rental yield is 3.30%. Stock on the market for houses/townhouses has changed -10.34% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $570,000 and this has changed 3.63% over the past year. The average unit takes 76 days to sell and the median rent for a unit in Cheltenham is $500 per week, producing a rental yield of 4.56%.

Supply & Demand in Cheltenham, Kingston

0.80%

Current vacancy rate


92

Rental stock available


22,297

Population


22.66%

Rental population


0.70%

Current vacancy rate


497

Rental stock available


151,389

Population


22.80%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Cheltenham, Kingston

  House Townhouses Units
Median listing price $1,100,000 $915,000 $570,000
Median price change - last quarter 0.00% 2.80% -2.98%
Median price change - 1 year 0.00% 4.57% 3.63%
Median price change - 2 years -4.35% 8.92% 3.63%
  House Townhouses Units
Median weekly rent $700 $695 $500
Median yield % 3.30% 3.94% 4.56%
Median rent change - 1 year 7.69% 6.92% 8.69%
  House Units
Previous month sales 38 16
Stock on market previous month 78 68
Stock variance vs. last year -10.34% -21.84%
Average days on market 50 76

Cheltenham investment property listings

Showing 3 of 3 investment properties found in Cheltenham on realestateinvestar.com.au

9/5-7 Hall St, CHELTENHAM

$580,000

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Unit

VIC 3192


13b Munro Ave, Cheltenham

$1,450,000

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Brand New Brilliance on Southland's Doorstep

Merging state-of-the-art designer flair with a sun-soaked open-plan rear and a bold alfresco spirit, this remarkably large, sleek and sophisticated executive townhouse presents 4 bedrooms, 3 bathrooms and a study, all in a peaceful family pocket just moments from Southland Shopping Centre and its ...

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Townhouse

VIC 3192


4 Railway Pde, Cheltenham

$888,888

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Prime Investment Opportunity: Modern Hair Salon with High Return

A rare opportunity to acquire a thriving commercial property with the potential to transform into a future restaurant! This vibrant, modern hair salon is nestled in a bustling location, surrounded by shops, cafes, and convenient public transport options, making it highly accessible for clients and ...

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Commercial

VIC 3192


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