508/1228 Nepean HighwayCheltenham VIC 3192
Property Details for 508/1228 Nepean Hwy, Cheltenham
508/1228 Nepean Hwy, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (September 2024)
In Cheltenham's most exciting beach side apartment development, this one bedroom, one bathroom apartment hits the mark - with cafes and shopping at the door, the station around the corner and Southland's cinemas and retail therapy just across the Highway.
This wonderful property includes;
- Carpeted bedroom with a mirrored BIR and wall heater
- Clean and pristine kitchen with stainless steel appliances, including gas cooking and dishwasher
- Euro laundry
- Secure carpark
- Storage cage
- North facing balcony
- Use of common area with built-in BBQ facilities
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Property History for 508/1228 Nepean Hwy, Cheltenham, VIC 3192
- 30 Aug 2024Listed for Rent $440 / week
- 13 Aug 2024Listed for Rent $440 / week
- 26 Mar 2015Sold for $385,000
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0About Cheltenham 3192
The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.
Cheltenham has 14,710 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.48% increase in median value, while Units have seen a 14.92% increase. As at 31 August 2024:
- The median value for Houses in Cheltenham is $1,203,432 while the median value for Units is $676,563.
- Houses have a median rent of $690 while Units have a median rent of $540.
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