Cheltenham VIC 3192
Cheltenham is in Kingston (Vic.) LGA, VIC, postcode 3192, with population 23,992.
Strong evidence
Cheltenham has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Cheltenham has usable rent context. No strong rent pressure, affordability stress, or investor-rent signal is visible from the provided context.
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent context available
Cheltenham has usable rent context. Snapshot rent $635/wk.
No strong rent pressure, affordability stress, or investor-rent signal is visible from the provided context.
Cheltenham has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Population growth, Building approvals
Cheltenham currently reads as a livability-led candidate.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Cheltenham VIC
Cheltenham is a large suburb in Victoria within the Kingston (Vic.) local government area (postcode 3192). With a population of 23,992, the suburb has an established demographic with a median age of 40. Households earn a median income of $100K per year, with an average household size of 2.4 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Cheltenham is $1.3 million, having dipped slightly 0.6% over the past year. Units have a median price of $705,000 (+6.8% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,200.
Cheltenham is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 10 rail stations, 120 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Cheltenham offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -0.6% year-on-year.
Cheltenham is a large suburb in Victoria within the Kingston (Vic.) local government area (postcode 3192). With a population of 23,992, the suburb has an established demographic with a median age of 40. Households earn a median income of $100K per year, with an average household size of 2.4 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Cheltenham is $1.3 million, having dipped slightly 0.6% over the past year. Units have a median price of $705,000 (+6.8% YoY). The current median weekly rent is $635. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,200.
Cheltenham is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 10 rail stations, 120 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Cheltenham offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 13.4x is considered stretched. House prices have moved -0.6% year-on-year.
Cheltenham FAQ
Common questions-
What LGA is Cheltenham in?
Cheltenham is in the Kingston (Vic.) Local Government Area, VIC, postcode 3192. Council-level context for Kingston (Vic.) LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Cheltenham?
The current median house price in Cheltenham, VIC is $1.3M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Cheltenham?
The median weekly rent in Cheltenham is $635/wk, based on the current market rent dataset. The current rent signal is rent context available.
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What does the rent signal say about Cheltenham?
Rent context available: Cheltenham has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Cheltenham a good investment?
QuickProperty's investment signals for Cheltenham show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Cheltenham?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Cheltenham data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.