Thinking about buying in Cheltenham? Now could not be a better time, with 860 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,870,000 with prices in this suburb ranging from $1,203,000 to $10,545,000. The aproximate distance to the coast is 14 Km.
Household Makeup
| Median Weekly Rent | $668.70 |
| Median Monthly Mortgage | $3259.75 |
| Median Persons Per Bedroom | 0.81 |
| Average Household Size | 3.00 |
| Average Age | 45.20 |
| Average Income | $1026.80 |
| Average Cars Per Dwelling | 1.96 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $4,190,000 |
| 2 Bed $2,697,000 |
| 3 Bed $2,457,000 |
| 4 Bed $2,880,000 |
| 5 Bed $3,494,000 |
| 6 Bed+$4,185,000 |
Cheltenham Real Estate Market Outlook
In Cheltenham there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Cheltenham is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Cheltenham changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Cheltenham necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Cheltenham we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cheltenham a better buying opportunity than it may have been in the past.
Houses for sale Cheltenham
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cheltenham, 1405 cheltenham rd, cheltenham, qld, 4627 |  3 |
 2 |
 2 |
$880,000 - $940,000 |
Local Schools
Cheltenham Girls High School
Epping Heights Public School
Beecroft Public School
Our Lady Help of Christians Catholic Primary School
Epping North Public School
Epping Public School
Arden Anglican School
Epping West Public School
Karonga School
Roselea Public School
(While the above schools are located with the suburb of Cheltenham there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cheltenham weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 4.6 | 20.6 | 33.2 | 38.6 | 85.7 | 3.3 | 24.0 |
| Feb | 4.2 | 20.2 | 31.9 | 42.7 | 89.0 | 2.8 | 21.8 |
| Mar | 2.7 | 19.0 | 31.3 | 41.8 | 88.8 | 2.8 | 19.4 |
| Apr | 1.0 | 15.4 | 28.6 | 39.6 | 90.7 | 2.0 | 18.1 |
| May | 0.8 | 10.4 | 24.8 | 38.5 | 90.7 | 1.9 | 15.1 |
| Jun | 1.4 | 9.0 | 22.8 | 41.5 | 92.4 | 1.9 | 12.7 |
| Jul | 0.6 | 7.2 | 23.1 | 35.7 | 92.1 | 1.7 | 14.5 |
| Aug | 0.3 | 7.8 | 25.5 | 27.3 | 89.0 | 2 | 17.1 |
| Sept | 0.6 | 10.6 | 28.4 | 25.9 | 90.1 | 2.3 | 22.1 |
| Oct | 1.4 | 14.4 | 30.4 | 28.0 | 87.6 | 2.7 | 24.8 |
| Nov | 1.2 | 17.4 | 32.2 | 31.9 | 89.2 | 2.8 | 25.5 |
| Dec | 4.9 | 19.5 | 32.7 | 38.1 | 89.0 | 2.8 | 26.8 |
source: Australian Government Bureau of Meteorology
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