Cheltenham East vs Cheltenham North.
Comparing two suburbs with median house prices of $1,130,000 and $1,042,500.
Cheltenham North (median $1,042,500) is roughly 8% cheaper to buy into than Cheltenham East ($1,130,000).
On school quality, the average ICSEA across schools serving Cheltenham East (1108) sits above Cheltenham North (1100).
For buyers
Cheltenham North is the lower entry point at $1,042,500 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Cheltenham North offers the higher gross rental yield (2.14% vs 1.98%), favouring cash-flow investors.
For families
Cheltenham East edges out on average school ICSEA (1108 vs 1100).
Common questions
Is Cheltenham East or Cheltenham North cheaper to buy in?
Cheltenham North has the lower median house price at $1,042,500, roughly 8% below Cheltenham East ($1,130,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cheltenham East or Cheltenham North have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham East scores 1108 vs 1100 in Cheltenham North. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Cheltenham East or Cheltenham North?
Gross rental yield on houses is 2.14% in Cheltenham North vs 1.98% in Cheltenham East. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Cheltenham East against another suburb