Heatherton vs Cheltenham.
Comparing two suburbs with median house prices of $1,065,000 and $1,302,500. Cheltenham edges out on more headline metrics in this comparison.
Heatherton (median $1,065,000) is roughly 18% cheaper to buy into than Cheltenham ($1,302,500).
Cheltenham 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 (1108) sits above Heatherton (1093).
For buyers
Heatherton is the lower entry point at $1,065,000 median, 18% 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 questions
Is Heatherton or Cheltenham cheaper to buy in?
Heatherton has the lower median house price at $1,065,000, roughly 18% below Cheltenham ($1,302,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Heatherton or Cheltenham 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, Heatherton or Cheltenham?
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, Heatherton or Cheltenham?
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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Heatherton against another suburb