Average rent in Highett (West) - Cheltenham, VIC — 2026

Highett (West) - Cheltenham commands one of the higher rent points in Victoria, with the typical renter paying $450/week — about 24% above the state median of $363/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (71% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (62%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 12,439, the median age is 40, and the most common occupation category is Professionals. Highett (West) - Cheltenham is 17km from Melbourne. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.