Side by sideSuburb comparison

Moorabbin vs Cheltenham North.

Comparing two suburbs with median house prices of $1,210,500 and $1,042,500. Cheltenham North edges out on more headline metrics in this comparison.

Cheltenham North (median $1,042,500) is roughly 16% cheaper to buy into than Moorabbin ($1,210,500).

Cheltenham North scores higher on walkability (62/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Moorabbin (1104) sits above Cheltenham North (1100).

The takeWhich suburb suits which buyer

For buyers

Cheltenham North is the lower entry point at $1,042,500 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Cheltenham North offers the higher gross rental yield (2.14% vs 1.85%), favouring cash-flow investors.

For families

Moorabbin edges out on average school ICSEA (1104 vs 1100).

Common questionsMoorabbin vs Cheltenham North

Common questions

Is Moorabbin or Cheltenham North cheaper to buy in?

Cheltenham North has the lower median house price at $1,042,500, roughly 16% below Moorabbin ($1,210,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Moorabbin or Cheltenham North have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Moorabbin scores 1104 vs 1100 in Cheltenham North. 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, Moorabbin or Cheltenham North?

Cheltenham North scores 100/100 on walkability vs 62/100. 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, Moorabbin or Cheltenham North?

Gross rental yield on houses is 2.14% in Cheltenham North vs 1.85% in Moorabbin. 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

Moorabbin
Metric
Cheltenham North

Price & Market

$1,210,500
Median house
$1,042,500
$765,000
Median unit
$597,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$431/wk
Rent (house / wk)
$430/wk
$431/wk
Rent (unit / wk)
$366/wk
68.0%
Owner occupied
29.0%
Renter occupied

Lifestyle & Demographics

62
Walk score
100
0
Transit score
0
100
Bike score
100
6,287
Population
24,129
39
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1104
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).