Cheltenham

Cheltenham is a small suburb with a tightly knit community of around 2166 residents. The population is diverse in age, with a significant number of residents falling within the age categories of 5 to 19 years and 45 to 64 years. The suburb offers easy access to public transport, with a high percentage of residents commuting by train. Additionally, a notable proportion of residents work from home, reflecting a trend towards flexible work arrangements. The suburb enjoys a moderate median household income per week. Cheltenham presents a stable property market with a moderate level of demand for both houses and units. For house buyers, the suburb offers opportunities for renovation projects, indicated by a high sale price IQR ratio. Homeowners looking to sell should consider the relatively low discount median and short median days on market. Investors interested in units may find the stable rental market appealing, with a low vacancy rate and a balanced room demand-supply ratio. Cheltenham, NSW 2119, is a suburban gem offering a mix of family-friendly amenities, convenient transport options, and a sense of community. The property market in Cheltenham caters to both homeowners and investors, with potential for renovation projects and stable rental yields. The suburb's demographics reflect a diverse mix of age groups, with a notable trend towards remote work among residents. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022