Between the 2011 and 2021 Censuses, the share of rented homes in Cheltenham (Vic.) rose from 22% to 27% (+5.2 points). Its Residency Shift Index — a SuburbLens custom heuristic weighing the most recent shift — scores -2.2, marking a gradual shift toward renting.
Source: ABS Census 2021 (TSP), SA2 “Highett (East) - Cheltenham”.