Free full calculator โ†’
Suburb Insights ยท SA 5014

Cheltenham 5014, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Cheltenham is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 2,236, making it a boutique locality. Located approximately 10 km from the Adelaide CBD, Cheltenham is a middle ring area in South Australia. The median household income is $79,768 AUD per year (ABS 2021 Census).

Investment Score

58 / 100 Moderate

Household incomes in Cheltenham sit in a comfortable mid-range for the South Australia market. Its proximity to the CBD adds a strong location premium.

Location

Map shows Cheltenham, South Australia, Australia.

Key Indicators

Postcode
5014

Official Australia Post postcode for Cheltenham. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
2,236

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$290/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$79,768/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
10 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

Find schools near Cheltenham on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,602/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Cheltenham's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $290/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,602/month. The median household income of $79,768/year reflects a solid demographic, supporting sustainable rental demand. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โš ๏ธ
Buy & Hold

Cheltenham offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

โŒ
Rental Yield

Rental yields in Cheltenham tend to be lower โ€” investors may need to rely on capital growth instead.

โŒ
Renovation / Flip

Renovation or flip strategies in Cheltenham face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Cheltenham property

Full Property Analysis

30-year projections for Cheltenham

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Cheltenham is expected to see moderate price growth in 2026 as the broader South Australia market stabilises. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. The market mood around Cheltenham is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Cheltenham a good suburb for investment?

Cheltenham is a middle ring area in South Australia with a population of 2,236. The median rent is $290/week and the median household income is $79,768/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Cheltenham?

Key demand drivers in Cheltenham include established amenities and transport access. 76% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Cheltenham?

According to the ABS 2021 Census, Cheltenham has a population of approximately 2,236. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Cheltenham from the Adelaide CBD?

Cheltenham is approximately 10 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

Explore Nearby Suburbs

South Australia Property Resources