Side by sideSuburb comparison

Heatherton vs Cheltenham North.

Comparing two suburbs with median house prices of $1,065,000 and $1,042,500. Cheltenham North edges out on more headline metrics in this comparison.

Cheltenham North (median $1,042,500) is roughly 2% cheaper to buy into than Heatherton ($1,065,000).

Cheltenham North scores higher on walkability (16/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cheltenham North (1100) sits above Heatherton (1093).

The takeWhich suburb suits which buyer

For buyers

Cheltenham North is the lower entry point at $1,042,500 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Heatherton offers the higher gross rental yield (2.30% vs 2.14%), favouring cash-flow investors.

For families

Cheltenham North edges out on average school ICSEA (1100 vs 1093).

Common questionsHeatherton vs Cheltenham North

Common questions

Is Heatherton or Cheltenham North cheaper to buy in?

Cheltenham North has the lower median house price at $1,042,500, roughly 2% below Heatherton ($1,065,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Heatherton or Cheltenham North have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham North scores 1100 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, Heatherton or Cheltenham North?

Cheltenham North 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, Heatherton or Cheltenham North?

Gross rental yield on houses is 2.30% in Heatherton vs 2.14% in Cheltenham North. 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

Heatherton
Metric
Cheltenham North

Price & Market

$1,065,000
Median house
$1,042,500
$352,080
Median unit
$597,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$471/wk
Rent (house / wk)
$430/wk
$471/wk
Rent (unit / wk)
$366/wk
71.0%
Owner occupied
27.0%
Renter occupied

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1093
Avg ICSEA
1100

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).