On the lookout for your next exciting development project? This expansive 1,380sqm (approx) vacant block is set in the vibrant heart of Cheltenham and has development approval already in place for four community title dwellings.
Central and convenient locations don't get any more sought-after than this with everything you could ever need perfectly positioned at your fingertips. A short walk will take you to a selection of public transport options including nearby bus stops and the Cheltenham train station plus you're also close to cafes, picturesque parks and playgrounds for the kids.
The size of Cheltenham is approximately 1.1 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Cheltenham in 2011 was 2,139 people. By 2016 the population was 2,181 showing a population growth of 2.0% in the area during that time. The predominant age group in Cheltenham is 50-59 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, 73.4% of the homes in Cheltenham were owner-occupied compared with 74.8% in 2016.
Cheltenham has 1,109 properties. Over the last 5 years, Houses in Cheltenham have seen a 95.59% increase in median value, while Units have seen a 80.78% increase. As at 31 October 2024:
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