Bayside (Vic.) · 3192

Cheltenham East, VIC

4.4% gross yield, population +7.8% (5y).

NextSuburb scoreTier C
46Average
Median house
$1.21M
5y growth
5.1%/yr
Gross yield
4.4%
Vacancy
2.4%
Thin market · illiquidLow confidence
Thin marketSmall sample sizes (~0 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Last updated May 2026Next refresh 3 June 2026Informational only — not financial advice

Eight-signal breakdown

Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.

  • Capital growth (5y)5.1%/yr
    51/100
  • Population growth+7.8% (5y)
    78/100
  • Supply tightening+5.0% YoY
    25/100
  • Rental yield4.4%
    88/100
  • Rental demand2.4% vacancy
    40/100
  • Income growth+13.0% (5y)
    52/100
  • Construction pipeline$2.7bn nearby
    54/100
  • Affordability20% under cap
    20/100

Why this score

Cheltenham East scores 46/100 (Average). The two strongest signals: 4.4% gross rental yield and 7.8% population growth over five years. The standout watch-out: population of 0 makes the market illiquid.

Drivers
  • Rental yield4.4%
  • Population growth+7.8% (5y)
Risks
  • Only 0 residents — illiquid, slow to sell

Nearest infrastructure

Suburban Rail Loop East — Cheltenham0.8 km away

Construction · $5.0bn · completion 2035

Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.

Comparable suburbs

Three VIC suburbs in the same budget band with the closest NextSuburb scores.

See the full VIC ranking

60-month score history

Backfilled — live history begins May 2026
294050Jun 21Jun 22Jun 23Jun 24Jun 25May 26

Watch this suburb

Get an email when Cheltenham East’s score crosses a threshold you care about.

Score alert