SOLD
Sold on 18 May 2024 for $735,000

11/105 Park Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 17m2
Land area: 141m2
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Property Details for 11/105 Park Rd, Cheltenham

11/105 Park Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 141m2 and floor size of 17m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
17m2
Land Size
141m2
Local Government
Bayside
Lot/Plan
11/RP3381

Last Listing description (July 2024)

This beautiful two-bedroom villa, with its understated style and north-facing rear entertainers' garden, presents an unrivalled low-maintenance lifestyle opportunity.

The main living & dining zone's light & airy atmosphere is enhanced by polished timber flooring, which adds an elegant, natural materiality to the space. Outside, the north-facing deck possesses a relaxed ambience consistent with the property's bayside setting.

Accommodation requirements are met by two bedrooms with BIR sharing a central bathroom. Features include ceiling fans, Rylock double glazed windows, block-out blinds, secure garage, stainless-steel appliances, and living room A/C.

The combination of style, space and low body corporate fees of $1400 p/a make this properly undeniably desirable from both a homeownership or investment point of view, with particular appeal for local professionals looking to enter the market.

Prestigiously positioned within one of the Bayside's most sought-after neighbourhoods, live opposite Cheltenham Park and within seconds of Southland SC, Cheltenham station village, Bay Road cafes, Waves Leisure Centre, and Highett Road's lifestyle district.

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Property History for 11/105 Park Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$735,000
18 May 2024
Listed for Rent
$330/w
02 Nov 2011
  • 18 May 2024
    Sold for $735,000
  • 24 Apr 2024
    Listed for Sale $735,000
  • 07 Jan 2021
    Sold for $745,000
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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 14,770 properties. Over the last 5 years, Houses in Cheltenham have seen a 14.37% increase in median value, while Units have seen a 13.72% increase. As at 31 October 2024:

  • The median value for Houses in Cheltenham is $1,171,721 while the median value for Units is $695,183.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 57 properties listed for sale, and 42 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 617 properties were sold in the past 12 months in Cheltenham.

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