Woodville North vs Cheltenham.
Comparing two suburbs with median house prices of $1,130,000 and $1,125,000. Cheltenham edges out on more headline metrics in this comparison.
Cheltenham (median $1,125,000) is roughly 0% cheaper to buy into than Woodville North ($1,130,000). Over the past year, Cheltenham (+48%) ran 6.7 percentage points ahead of Woodville North (+41.3%) on house-price growth.
Cheltenham scores higher on walkability (24/100 vs 54/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Cheltenham (1001) sits above Woodville North (997). Cheltenham skews owner-occupied (77%), Woodville North runs more rental-dense (54% owner).
For buyers
Cheltenham is the lower entry point at $1,125,000 median, 0% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Cheltenham carries both higher gross yield (2.75% vs 2.42%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Cheltenham edges out on average school ICSEA (1001 vs 997).
Common questions
Is Woodville North or Cheltenham cheaper to buy in?
Cheltenham has the lower median house price at $1,125,000, roughly 0% below Woodville North ($1,130,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Woodville North or Cheltenham?
Over the past 12 months, Cheltenham grew +48% vs +41.3% in Woodville North, a gap of 6.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Woodville North or Cheltenham have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Cheltenham scores 1001 vs 997 in Woodville 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, Woodville North or Cheltenham?
Cheltenham scores 54/100 on walkability vs 24/100. 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, Woodville North or Cheltenham?
Gross rental yield on houses is 2.75% in Cheltenham vs 2.42% in Woodville 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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