Cheltenham, NSW 2119
City of ParramattaAll suburbs in postcode 2119
Updated
Median house price
$2,955,000
Median of 32 house sales · NSW Valuer General · calendar 2025
Selling in Cheltenham?
Get the free selling guide, personalised to Cheltenham, or ask for a free appraisal from a local agent.
Cheltenham at a glance
- Median unit
- $549,360
- Weekly rent
- $1,150
- Houses · units $700
- Population
- 2,166
- Median age 46
Prices: Median of 32 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2119), June 2026 · Population: 2021 Census
House prices in Cheltenham
Houses change hands at $2,955,000 on a typical sale, well above the NSW median (32 house sales, NSW Valuer General, calendar 2025). Units come in around $549,360, roughly 81% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $591,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2119)
Free appraisal in Cheltenham
What’s your home worth in Cheltenham?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about Cheltenham
Cheltenham (2119) sits in the Parramatta region of NSW. The median house here is $2,955,000, well above the NSW median of around $1.10M.
Cheltenham has roughly 2,166 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Cheltenham scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 28°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 1,113 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 8 government primary, 4 government secondary, 3 Catholic, 4 independent.
Schools in Cheltenham
Location
Walkability
- Walk
- 0/100
- Transit
- 30/100
- Bike
- 80/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Cheltenham's population at 2,166, with a median age of 46. That sits as an established, older skew. Households are predominantly owner-occupied (90% own, 9% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (88% family households, 12% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 88%
- Lone person
- 12%
- Owner occupied
- 90%
- Renter occupied
- 9%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.02% (median rent $1150/wk against a $2,955,000 price tag). Units yield 6.63% gross, often the better cash-flow play for first-time investors. Renter share is modest (9%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 2.02%
- On the $2,955,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 6.63%
- On the $549,360 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
11 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,113 mm
- Hottest month, avg max
- 28.0°C
- Coldest month, avg min
- 6.8°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Cheltenham
- What is the median house price in Cheltenham?
- The median house price in Cheltenham, NSW 2119 is $2,955,000 (median of 32 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $549,360.
- How much is my house worth in Cheltenham?
- A useful starting point is the Cheltenham median house price of $2,955,000 (units $549,360). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Cheltenham a good investment?
- On the published figures, the gross rental yield on houses in Cheltenham is 2.0%: the median weekly house rent is $1,150 (NSW rental bond data (postcode 2119), June 2026) against the median house price of $2,955,000 (NSW Valuer General, calendar 2025). No 12-month price change is published for Cheltenham: the NSW Valuer General figures we hold do not measure one. Whether Cheltenham is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Cheltenham postcode?
- Cheltenham is in the 2119 postcode, in NSW, in the City of Parramatta region.
- Where is Cheltenham?
- Cheltenham is a suburb in the City of Parramatta area, NSW 2119.
- What is the average rent in Cheltenham?
- The median weekly rent for houses is $1150, for units it's $700.
- What schools are in Cheltenham?
- There are 20 schools serving Cheltenham on this page, including Cheltenham Girls High School, Epping Heights Public School, Beecroft Public School.
- How walkable is Cheltenham?
- Cheltenham has a Walk Score of 0 out of 100, highly car-dependent. transit score 30, bike score 80.
- What suburbs are near Cheltenham?
- Cheltenham is close to Beecroft, Pennant Hills, Carlingford North, Epping, North Epping.
- What is the population of Cheltenham?
- The population of Cheltenham is approximately 2,166 (2021 Census). The median age is 46.
Selling in Cheltenham? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.