Cheltenham, located in the City of Charles Sturt in South Australia, is a suburban area that has been experiencing notable changes in its housing market. In recent years, the suburb has seen a surge in demand, buoyed by its strategic location, just a short drive from Adelaide's CBD, and its blend of suburban tranquility with urban conveniences. The area offers a mix of housing options, ranging from older style homes on larger blocks to more modern townhouses and units, catering to a diverse demographic. This diversity in housing stock has contributed to a stable and steadily appreciating market. As more people look for affordable alternatives to bustling central living, Cheltenham stands out as a viable option, with its leafy streets and community-oriented atmosphere adding to its appeal. The presence of redevelopment projects, including residential and commercial developments, has further stimulated interest and investment in the area, heralding a positive outlook for property values going forward.
Living in Cheltenham offers residents a balanced lifestyle with a combination of comfort, accessibility, and community spirit. The suburb boasts ample amenities, including local shops, parks, and schools, making it an attractive option for families and young professionals. The nearby Port Adelaide precinct provides additional shopping, dining, and entertainment options, expanding the scope of activities available to residents. Public transport links are robust, with efficient train and bus services connecting Cheltenham to the Adelaide CBD and beyond, which is ideal for commuters. The community-oriented vibe is central to life in Cheltenham, with regular local events and a welcoming atmosphere that fosters a strong sense of belonging among residents. Overall, Cheltenham offers a harmonious blend of urban and suburban living, making it a sought-after location in the Adelaide metropolitan area.
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Thinking about buying in Cheltenham? Now could not be a better time, with 1196 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $720,000 with prices in this suburb ranging from $255,000 to $2,377,000. Cheltenham is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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.
Instant Property ValuationCheltenham, 1405 Cheltenham Road, Cheltenham, QLD, 4627 | 3 | 2 | 2 | $880,000 - $940,000 |
Our Lady of Mount Carmel Parish School
Mount Carmel College
Alberton Primary School
Woodville Primary School
Pennington School R-7
Our Lady Queen of Peace School
Woodville High School
Hendon Primary School
The Grove Education Centre
Whitefriars School
(While the above schools are located with the suburb of Cheltenham there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(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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