Side by sideSuburb comparison

Cheltenham vs Heatherton.

Comparing two suburbs with median house prices of $1,302,500 and $1,065,000. Cheltenham edges out on more headline metrics in this comparison.

Heatherton (median $1,065,000) is roughly 22% cheaper to buy into than Cheltenham ($1,302,500).

Cheltenham scores higher on walkability (100/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cheltenham (1108) sits above Heatherton (1093).

The takeWhich suburb suits which buyer

For buyers

Heatherton is the lower entry point at $1,065,000 median, 22% 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 2.30%), favouring cash-flow investors.

For families

Cheltenham edges out on average school ICSEA (1108 vs 1093).

Common questionsCheltenham vs Heatherton

Common questions

Is Cheltenham or Heatherton cheaper to buy in?

Heatherton has the lower median house price at $1,065,000, roughly 22% below Cheltenham ($1,302,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Cheltenham or Heatherton have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham scores 1108 vs 1093 in Heatherton. 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 Heatherton?

Cheltenham scores 100/100 on walkability vs 16/100. 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 Heatherton?

Gross rental yield on houses is 2.54% in Cheltenham vs 2.30% in Heatherton. 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

Cheltenham
Metric
Heatherton

Price & Market

$1,302,500
Median house
$1,065,000
$675,000
Median unit
$352,080
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$635/wk
Rent (house / wk)
$471/wk
$550/wk
Rent (unit / wk)
$471/wk
Owner occupied
71.0%
Renter occupied
27.0%

Lifestyle & Demographics

100
Walk score
16
0
Transit score
0
100
Bike score
100
24,129
Population
2,826
40
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1108
Avg ICSEA
1093

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).