$430 ▲ +38.3%
Higher than 87% of suburb / locality areas.
- 2011: $311
- 2016: $365
- 2021: $430
Median weekly rent paid by households renting their home.
Cheltenham · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
High costs for both buyers and renters define daily life in Cheltenham, where typical monthly mortgage payments reach $2,200. The area is much more expensive than most similar places, with a housing market that is more costly than the state and national figures.
All suburb / locality areas, 2021. The marker is Cheltenham — higher than 87% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $430, which is much higher than most areas and a little above the national figure of $375. Home loans are also costly here, with 27.9% of households paying $3,000 or more each month.
$430 ▲ +38.3%
Higher than 87% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,200 ▲ +12.8%
Higher than 81% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Cheltenham, $350–$549 is the majority at 55%; $550–$749 is next at 18%.
In Cheltenham, the largest group is $1,800–$2,999 at 37%, followed by $3,000 or more (30%) and $1,000–$1,799 (21%).
How homes are owned or rented.
About 37.2% of homes are owned with a mortgage, while 32.8% are owned outright. The 27.1% of households that rent is much higher than in most similar areas, though this is well below the Australian figure of 30.6%.
27.1% ▲ +18.5%
Higher than 74% of suburb / locality areas.
Share of occupied private dwellings that are rented.
32.8% ▼ -16.7%
Lower than 72% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Cheltenham splits fairly evenly between Owned with a mortgage (37%) and Owned outright (33%), with Rented at 27%.
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Australia, making up only 58.5% of homes. This is reflected in the mix of dwellings, where 42.7% of homes have three bedrooms and 29.9% have two.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
58.5% ▼ -15.0%
Lower than 90% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
65.5% ▼ -2.5%
Lower than 79% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Cheltenham, Separate house is the majority at 58%; Townhouse / semi-detached is next at 23%.
In Cheltenham, the largest group is 3 bedrooms at 43%, followed by 2 bedrooms (30%) and 4 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cheltenham [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20539/cheltenham/topic/housing-dwellings