CHELTENHAM
With a housing landscape characterized by established valuations, Cheltenham presents a unique case study in local market dynamics. The suburb currently holds a median house price of $1.28m. Prices have remained largely stable with a 13% change, suggesting a balanced market where supply has largely kept pace with local demand.
Lifestyle Profile
Leafy and open, the visual appeal of Cheltenham lies in its low-density layout. It avoids the claustrophobia of the inner-city, offering residents a sense of space and sky.
At a community level, Cheltenham is defined by family activity. Weekends see the local parks filled with junior sports, and the demographic is heavily skewed towards households with school-aged children.
For active residents, the area delivers. The abundance of green belts, cycle paths, and council-maintained sporting facilities adds a layer of 'health and wellness' to the local lifestyle.
The Demographic Profile
Understanding the resident base is key to understanding the market floor. Local data suggests a median household income of approx $90,000. This places Cheltenham in a bracket where dual-income households are the norm for mortgage serviceability. It reflects a competitive environment where buyers are likely professional couples or established families.
Education & Catchments
School catchment zones are a primary driver of long-term property demand. The area is serviced by facilities such as Beaumaris North Primary School. For many buyers, the presence of local schooling creates a 'village' feel and ensures consistent demand from young families moving into the area.
Market Outlook
The market has shown resilience with 13.4% stable growth. This appeals to buyers seeking lower volatility.
Quick FAQ about Cheltenham:
- Is Cheltenham expensive? With a median price of $1.28m, it is considered a established market, often attracting buyers seeking classic living standards.
- What are the schools like? The catchment for Beaumaris North Primary School is a major driver of local demand.
Primary Schools
Beaumaris North Primary School
Black Rock Primary School
Sandringham East Primary School
Cheltenham East Primary School
LocalSouthmoor Primary School
Mentone Primary School
Cheltenham Primary School
LocalMoorabbin Primary School
Mentone Park Primary School
Kingston Heath Primary School
Secondary / High Schools
Explore Nearby Markets
Local Schools & Maps
Explore primary and secondary schools in the catchment area.
Primary Schools
Secondary Schools
DISCLAIMER: GENERAL INFORMATION ONLY.
The data presented on Aussie Housing, including school zones, "Education Efficiency" scores, and median prices, is for general information and research purposes only. While we aim for accuracy, school catchment boundaries are subject to change by state departments and should be verified directly with the individual school before making any purchasing decision.
NO PROFESSIONAL ADVICE: Aussie Housing is not a licensed real estate agent, valuer, or financial advisor. The "Education Efficiency" metric is a proprietary data point and does not constitute a valuation or a recommendation to buy. You should always conduct your own due diligence and consult with a conveyancer, solicitor, or financial planner before acquiring property.
DATA LIMITATIONS: Market data is aggregated from various public sources and may have latency. We do not guarantee the complete accuracy of historical sales data or current boundary lines.