Cheltenham is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5014). With a population of 2,236, the suburb has an established demographic with a median age of 44. Households earn a median income of $80K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cheltenham is $1.0 million, having declined 7.4% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,602.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,936 incidents per 100,000 population.
From an investment perspective, Cheltenham offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -7.4% year-on-year.
Cheltenham is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5014). With a population of 2,236, the suburb has an established demographic with a median age of 44. Households earn a median income of $80K per year, with an average household size of 2.3 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Cheltenham is $1.0 million, having declined 7.4% over the past year. The current median weekly rent is $528. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,602.
Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,936 incidents per 100,000 population.
From an investment perspective, Cheltenham offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -7.4% year-on-year.