Cheltenham vs North Epping
North Epping (median $2,482,650) is roughly 16% cheaper to buy into than Cheltenham ($2,955,000).
Buying in Cheltenham or North Epping?
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Cheltenham and North Epping side by side
| Measure | Cheltenham | North Epping |
|---|---|---|
| Price and market | ||
| Median house | $2,955,000 | $2,482,650 |
| Median unit | $549,360 | $414,000 |
| House price change, 12 months | – | +7.9% |
| Renting | ||
| House rent | $1150/wk | $1030/wk |
| Unit rent | $700/wk | $800/wk |
| Owner occupied | 90.0% | 87.0% |
| Renter occupied | 9.0% | 12.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1138 | 1127 |
| Lifestyle and people | ||
| Walk score | 0 | 24 |
| Transit score | 30 | 0 |
| Bike score | 80 | 100 |
| Population | 2,166 | 4,657 |
| Median age | 46 | 44 |
| Climate | ||
| Annual rainfall | 1113 mm | 1113 mm |
| Mean max, January | 28.0°C | 28.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
North Epping scores higher on walkability (0/100 vs 24/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cheltenham (1138) sits above North Epping (1127).
- For buyers
- North Epping is the lower entry point at $2,482,650 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- North Epping offers the higher gross rental yield (2.16% vs 2.02%), favouring cash-flow investors.
- For families
- Cheltenham edges out on average school ICSEA (1138 vs 1127).
Cheltenham vs North Epping: common questions
Is Cheltenham or North Epping cheaper to buy in?
North Epping has the lower median house price at $2,482,650, roughly 16% below Cheltenham ($2,955,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cheltenham or North Epping have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham scores 1138 vs 1127 in North Epping. 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 is more walkable, Cheltenham or North Epping?
North Epping scores 24/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Cheltenham or North Epping?
Gross rental yield on houses is 2.16% in North Epping vs 2.02% in Cheltenham. 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.
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