Cheltenham

POSTAL CODE: SA, 5014
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CHELTENHAM ranks 385th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.04% for the past year is lower than average compared to its 67.86% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in CHELTENHAM, the median home price is sitting at $940,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 6.52% gain in CHELTENHAM based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.33% growth over a ten-year period. It ranks 1700th on our list of suburbs that property investors should look into.

Surburb overview

Cheltenham, located approximately 9 kilometres northwest of Adelaide's central business district, is a well-established suburb in South Australia known for its mix of residential, commercial, and industrial areas. It falls within the City of Charles Sturt, a local government area that features a diverse range of communities and amenities. The suburb has a population of around 2,500 residents, with a demographic mix that includes families, young professionals, and older adults.

Public transportation in Cheltenham is excellent, with Adelaide Metro buses and the nearby Cheltenham railway station providing easy access to the Adelaide CBD and surrounding suburbs. The suburb is also well-connected by major roads, including Port Road and Cheltenham Parade, making it easily accessible by car and facilitating quick travel to both the city and the beaches of Adelaide’s western suburbs.

Cheltenham is characterized by its wide, tree-lined streets and a mix of housing styles. The suburb has undergone significant redevelopment in recent years, particularly with the transformation of the former Cheltenham Racecourse into a new residential area known as St Clair. This development has added modern housing, parks, and recreational facilities to the suburb, enhancing its appeal to a diverse range of residents.

Cheltenham is close to several shopping centres, including Westfield West Lakes and Arndale Shopping Centre, which provide a wide range of retail, dining, and entertainment options. The nearby St Clair Shopping Centre further adds to the convenience, offering supermarkets, specialty stores, and cafes within walking distance for many residents.

Educational facilities in and around Cheltenham include several well-regarded schools, such as Mount Carmel College and Woodville High School, making it a practical location for families with children. The suburb is also close to the University of South Australia’s Mawson Lakes campus and other educational institutions in Adelaide’s northern and western suburbs.

Recreational activities in Cheltenham are supported by its parks and green spaces. The St Clair Recreation Centre, a major sporting facility in the area, offers a range of sports and fitness activities, including basketball, netball, and gym facilities. The newly developed St Clair Wetlands and Reserve provide residents with opportunities for walking, cycling, and enjoying the natural environment, adding to the suburb’s appeal for outdoor enthusiasts. The nearby Cheltenham Cemetery, with its historic significance, also adds a unique aspect to the suburb’s character.

Cheltenham’s combination of suburban tranquility, modern amenities, and strong transport links makes it an attractive location for a wide range of residents. The suburb’s evolving landscape, with the integration of new developments alongside established areas, contributes to its growing appeal as a well-connected and vibrant place to live within Adelaide’s inner-western suburbs.

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