CHELTENHAM 3192
State: VICPosiProp AI Investment Summary
CHELTENHAM (VIC 3192) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 7.6%, with a median house buy price of $1,291,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,077,500
$1,197,000
$1,400,000
$1,291,000
Suburb Market Profile
Last month Cheltenham had 68 properties available for rent and 96 properties for sale. Median property prices over the last year range from $1,291,000 for houses to $700,000 for units. If you are looking for an investment property, consider houses in Cheltenham rent out for $750 PW with an annual rental yield of 3.3% and units rent for $550 PW with a rental yield of 4.3%. Cheltenham has seen an annual compound growth rate of 7.6% for houses and 1.7% for units.