VIC3192· Pop. 24,129Bayside (Vic.)

CHELTENHAM EAST

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

50

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$864,500

VIC Gov · 2025

Rent yield

2.6%

computed from govt data

Annual growth

-9.3%

annualised from govt data

Vacancy rate

2.1%

modelled estimate

AI insights for CHELTENHAM EAST

Investment analysis, risks & comparisons

PREMIUM

CHELTENHAM EAST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$430/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.8%

annual shift

Yield × growth index

-3.3

combined signal

Net yield (est.)

2.35%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

-1.3%

est. compound, long-run avg

10-yr growth (CAGR)

+4.5%

est. compound, long-run avg

Rental demand

53 / 100

Moderate demand

Supply pipeline

Est.

1.4%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020
$922k
2021
$1015k
2022
$1050k
2023
$1050k
2025
$865k

Source: VIC Gov · 2025 · all sources

Market overview

CHELTENHAM EAST is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.6% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,921/wk

$82k taxable p.a.

Renters

26.9%

70.1% owner-occupier

Median age

40.0 yrs

Unemployment

4.0%

Population growth

+2.6% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

62%

22% apartments

Degree qualified

41.7%

bachelor's or higher (ABS)

Work from home

16.4%

of employed residents (ABS Census)

Median lot size

380 m²

Compact block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

7.7%

Some Airbnb activity

Market activity

Distance to CBD

19.0 km

Outer suburbs

Days on market

28 days

Normal turnover

Auction clearance

65.7%

Strong demand

Walkability

81 / 100

Walker's paradise

Coastal proximity

10.5 km

Coastal fringe

NBN technology

FTTC

Good — fibre to curb

Population density

1,467/km²

Suburban

Schools in postcode 3192

🏫5 Primary🎓1 Secondary
ACARA 2025

🏫Primary (5)

Cheltenham East Primary School

Government · Yrs Prep-6

ICSEA 1122

Cheltenham Primary School

Government · Yrs Prep-6

ICSEA 1116

Our Lady of the Assumption School

Catholic · Yrs Prep-6

ICSEA 1107

Le Page Primary School

Government · Yrs Prep-6

ICSEA 1080

Kingston Heath Primary School

Government · Yrs Prep-6

ICSEA 1075

🎓Secondary (1)

Cheltenham Secondary College

Government · Yrs 7-12

ICSEA 1054

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
55/ 100

13.6 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Above average
1092ICSEA · national avg 1000

6 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
59/ 100
🚆 2 train🚃 11 tram🚌 25 bus

Source: State GTFS feeds

Gentrification signal

36

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in CHELTENHAM EAST

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