FOR SALE
$700,000-$770,000

5/129 Park Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 157m2
Auction Time
Sat 18 Jan 12:00 pm
Inspection Times
No upcoming inspections scheduled.
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Easy Living in Prime Pennydale Locale

In a quiet group opposite the lush green expanses of Cheltenham Park, this oversized 2-bedroom villa is a low maintenance offering with enormous buyer appeal. Ideal for young homebuyers and downsizers thanks to its prime location, hassle-free surrounds, and single-level ease, it will also make a fabulous addition to any growing property portfolio.
Set well back from the road and basking in glorious north-westerly sunshine and warmth, the well-maintained home comprises a generous bay-windowed lounge, a separate meals/dining area and a sophisticated gourmet kitchen with quality stainless steel appliances (Bosch dishwasher and gas cooktop), shaker-style cabinetry and chic stone surfaces.
A smartly appointed two-way bathroom with walk-in shower and floating vanity services the two bedrooms, both with built-in storage, while a full laundry completes the interiors. Outside, discover an extremely private entertainer's courtyard with decking, built-in bench seating, retractable awning and fishpond - all creating a fabulous space to share with family and friends.
With ducted heating, evaporative cooling and lock-up garage with indoor access, this beachside-of-the-highway, Pennydale home is an easy stroll to Charman Road shops and cafes, Cheltenham station, bus stops and Cheltenham Primary School. Within moments of the bay, it is also close to championship golf courses and is in the Cheltenham Secondary College zone.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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Property Details for 5/129 Park Rd, Cheltenham

5/129 Park Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 157m2. The place is currently for sale with Ray White Cheltenham.

Building Type
Unit
Land Size
157m2

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About 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 14,835 properties. Over the last 5 years, Houses in Cheltenham have seen a 10.81% increase in median value, while Units have seen a 9.48% increase. As at 30 November 2024:

  • The median value for Houses in Cheltenham is $1,159,955 while the median value for Units is $681,178.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 47 properties listed for sale, and 38 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 614 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Contact agent
Trevor Bowen
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Eshan Bala
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Ray White Cheltenham
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.