OFF MARKET

11 Munro Avenue
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 177m2
Land area: 586m2
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Last updated 16 Dec 2024
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Property Details for 11 Munro Ave, Cheltenham

11 Munro Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 586m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1970
Floor Size
177m2
Land Size
586m2
Local Government
Bayside
Lot/Plan
65/LP10396

Last Listing description (December 2023)

Bank yourself a piece of pure Pennydale potential with this versatile weatherboard home on a lovely leafy 586sqm (approx) block of land. Situated in a sought-after pocket beachside of the highway, the home presents comfortable accommodation, income potential and true opportunity to add value.

With lush leafy outlooks at every turn, the layout comprises a light-filled living and dining zone with doors at either end connecting inside with the garden. The functional kitchen offers a sweet breakfast bar, while two bedrooms, a bright bathroom and separate WC off the laundry are offered in this lower level along with ducted heating, an air-conditioner and workshop/shed.

An external staircase gives access to the self-contained upper level featuring an open plan living area and space to create a really practical kitchen. Up-to two bedrooms sharing a central bathroom plus split system heating and cooling are also included along with an elevated deck with tree-top views.

Enjoy as is or polish up to suit, this is a home with potential for multi-generational families or even to live downstairs and rent out upstairs. Instead, there is the option to start afresh with a brand-new home or multi-dwelling subdivision (STCA).

An easy 10-minute walk to Southland and the station, even closer to the local caf, this sought-after position is near parklands and recreation and zoned for Cheltenham Secondary College.

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.
* Photo ID required at all open for inspections

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Property History for 11 Munro Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,300,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $1,300,000
  • 01 Nov 2023
    Listed for Sale $1,300,000
  • 11 Jul 1975
    Sold for $26,400

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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 14,836 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 34 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 600 properties were sold in the past 12 months in Cheltenham.

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