Cheltenham vs Rosewater
Rosewater (median $965,000) is roughly 3% cheaper to buy into than Cheltenham ($991,500).
Buying in Cheltenham or Rosewater?
Selling in Cheltenham? The free selling guide
Cheltenham and Rosewater side by side
| Measure | Cheltenham | Rosewater |
|---|---|---|
| Price and market | ||
| Median house | $991,500 | $965,000 |
| Median unit | $250,560 | $228,240 |
| House price change, 12 months | -23.0% | – |
| Renting | ||
| House rent | $600/wk | $585/wk |
| Unit rent | $310/wk | $400/wk |
| Owner occupied | 77.0% | 66.0% |
| Renter occupied | 21.0% | 31.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1001 | 998 |
| Lifestyle and people | ||
| Walk score | 54 | 86 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 2,236 | 3,582 |
| Median age | 44 | 39 |
| Climate | ||
| Annual rainfall | 403 mm | 401 mm |
| Mean max, January | 29.9°C | 29.5°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
Rosewater scores higher on walkability (54/100 vs 86/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cheltenham (1001) sits above Rosewater (998). Cheltenham skews owner-occupied (77%), Rosewater runs more rental-dense (66% owner).
- For buyers
- Rosewater is the lower entry point at $965,000 median, 3% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Rosewater offers the higher gross rental yield (3.15% vs 3.15%), favouring cash-flow investors.
- For families
- Cheltenham edges out on average school ICSEA (1001 vs 998).
Cheltenham vs Rosewater: common questions
Is Cheltenham or Rosewater cheaper to buy in?
Rosewater has the lower median house price at $965,000, roughly 3% below Cheltenham ($991,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Cheltenham or Rosewater have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham scores 1001 vs 998 in Rosewater. 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 Rosewater?
Rosewater scores 86/100 on walkability vs 54/100. 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 Rosewater?
Gross rental yield on houses is 3.15% in Rosewater vs 3.15% 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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