Question 1

Is Cheltenham a nice place to live?

Accepted Answer

Cheltenham sits on Adelaide’s western coastline with a quietly residential character close to the shoreline and foreshore reserves. Streets mix modest post-war weatherboard and brick homes with pockets of newer infill, and the population includes long-time locals, young families and people who work in nearby light industry and the port precinct. There is easy access to beaches, parkland and waterfront trails, basic local shopping and larger retail and leisure centres a short drive away, and straightforward road and public transport connections for commuting.

Cheltenham is home to 2,236 people, with a median age of 44 and a median household income of $1,534 a week. Families are prominent — couple families with and without children make up about eight in ten families — and most homes are owner-occupied (36.7% owned outright and 42.0% with a mortgage). Local civic assets include the Cheltenham Community Centre and the cemetery, and the suburb is served by Cheltenham railway station on the Outer Harbor line. There are no significant new public infrastructure or civic projects at this time, so whether it suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in Cheltenham?

Accepted Answer

In Cheltenham, a house renting at $630 a week would take about 41.1% of a typical local household's weekly income as recorded at the most recent Census (weekly household income $1,534). That is a large share of income, so renting a house here would absorb a substantial portion of what a typical household earned at the last Census; for renters that is the most relevant figure to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Cheltenham a good place to invest?

Accepted Answer

If you're weighing up Cheltenham as an investment, the house figures over the past year show modest capital growth alongside only slight rental gains. Median house values rose 3.9% over the 12 months, while house rents edged up 1.9%. In other words, the price a house is worth increased more than the rent it earns this year, so capital growth was the stronger performer on the house side. Whether that balance fits your goals depends on whether you prioritise rental income or price appreciation.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	3.9%	N/A
Sold Past 3 months	9	1
Median days on market Past 12 months	60	N/A
Average rent Past 12 months	$630	N/A
Change in rent Past 12 months	1.9%	N/A

Get a property report and suburb profile for any property in Cheltenham

Cheltenham suburb profile

Cheltenham property market performance

5 year median price trend for houses and units

Cheltenham demographics

Suburbs near Cheltenham

How does Cheltenham compare to nearby suburbs?

Choose the right real estate agents in Cheltenham

Get a head start and compare top local agents in Cheltenham

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market