Cheltenham, VIC

503 sales · 2025 · Victorian Valuer General

Cheltenham recorded 503 residential sales in 2025, comprising Apartments at a median of $721,500 (238 sales); Houses at a median of $1,385,000 (183 sales); and Townhouses at a median of $1,135,700 (82 sales). The median apartment price was $721,500.
Median price
$722k
Apartments · Annual · VGV 2025
Sales (2025)
238
Active market
Price range
$722k–$722k
10th–90th pct
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
BudgetMarket accessGradeEst. properties
$475,000 ~15% D — Very limited ~36 of 238
$600,000 ~32% C — Limited ~76 of 238
$725,000 ~50% B — Competitive ~119 of 238
$975,000 ~77% A — Strong access ~183 of 238
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $350k
~4%
$350k–$600k
~29%
$600k–$850k
~34%
$850k–$1.3M
~27%
Over $1.3M
~7%

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What is the median apartment price in Cheltenham?

The median apartment price in Cheltenham was $721,500 in 2025, based on 238 recorded sales from the Victorian Valuer General.

Is Cheltenham affordable on a $600,000 budget?

A $600,000 budget gives access to an estimated 32% of the Cheltenham apartment market (estimated from market distribution curves).

How many apartments sold in Cheltenham in 2025?

238 apartments were recorded in Cheltenham in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Cheltenham?

Sale prices in Cheltenham ranged from $721,500 (10th percentile) to $721,500 (90th percentile) in 2025.