SOLD
Sold on 16 Mar 2024 for $2,350,000

11 Correa Avenue
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 322m2
Land area: 589m2
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Property Details for 11 Correa Ave, Cheltenham

11 Correa Ave, Cheltenham is a 3 bedroom, 3 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 589m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
322m2
Land Size
589m2
Local Government
Bayside
Lot/Plan
30/LP10882

Last Listing description (April 2018)

Tee off out of the past into the future in one the most future-forward locations on the beach-side of the Highway. Set on the sunny north side of the area's fastest developing virtual cul-de-sac, this versatile property comes with approx 588sqm of land for today, versatile GRZ1 zoning for tomorrow, and a very original home of yesterday!
Look at the sun-catching northerly rear aspect, see the new homes appearing up all around, and bring your development vision to this prime location. Situated in the ever-evolving precinct between the new Jack Rd prestige home neighbourhood and the Charman Rd retail and rail precinct, this versatile site has some of the area's best new homes and most readily-developable land as neighbours .
A walk to Southland and its new station, with world class Golf Courses all around, schools, shopping and beaches within a minute, and the existing home is well past its use-by date ... there's no better place to build the future!

Property History for 11 Correa Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$2,350,000
16 Mar 2024
  • 16 Mar 2024
    Sold for $2,350,000
  • 07 Apr 2018
    Sold for $1,115,000
  • 26 Feb 2018
    Listed for Sale Contact Agent
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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 14,666 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 56 properties listed for sale, and 38 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 622 properties were sold in the past 12 months in Cheltenham.

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