Cheltenham East vs Cheltenham.
Comparing two suburbs with median house prices of $1,130,000 and $1,302,500. Cheltenham East edges out on more headline metrics in this comparison.
Cheltenham East (median $1,130,000) is roughly 13% cheaper to buy into than Cheltenham ($1,302,500).
For buyers
Cheltenham East is the lower entry point at $1,130,000 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Cheltenham offers the higher gross rental yield (2.54% vs 1.98%), favouring cash-flow investors.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Cheltenham East or Cheltenham cheaper to buy in?
Cheltenham East has the lower median house price at $1,130,000, roughly 13% below Cheltenham ($1,302,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which suburb has higher rental yield, Cheltenham East or Cheltenham?
Gross rental yield on houses is 2.54% in Cheltenham 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