OFF MARKET

18/338 Bay Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
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Property Details for 18/338 Bay Rd, Cheltenham

18/338 Bay Rd, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1965
Floor Size
40m2
Local Government
Bayside
Lot/Plan
18/PS415585

Last Listing description (November 2022)

This chic, comfortable, stylishly updated one-bedroom apartment offers one helluva opportunity in this conveniently positioned corner of one of Cheltenham's most desirable neighbourhoods: right next door to Bay Road shops, bus stops literally outside the complex and just minutes on foot to Southland station, Westfield shops and Sir William Fry Reserve.

Set up on the first floor of this beautifully maintained complex with drive-in accesses via both Bay and Jack Roads, modernised exteriors, high fencing, on-site parking, secure intercom entry and fully-enclosed hallways to your front door for extra peace of mind.

With a generous balcony and such a practical floor plan, the affordability of this home is no trade-off for function or convenience - it ticks the boxes for all 3 - a rare find these days!

Internally, a welcome arrival with neutral paint, quality carpets and Venetian blinds; split system heating and cooling, beautiful light fittings and a fantastically functional floor plan.

A generous bedroom with a built-in robe and a large combined bathroom/laundry with a bath/shower located off the kitchen.

An air-conditioned lounge room adjoining a renovated kitchen with quality stainless steel cooking appliances, opening to a private balcony with plenty of room for a table and chairs - and perhaps a hammock!

A neighbourhood renowned for its classic-original, beautifully refurbished and new homes; its leafy, tree-lined streets, parks, and its proximity to absolutely everything including multiple shopping, dining and cafe precincts, Westfield Southland and DFO, public buses and train station, and of course, the beach, foreshore and scenic bay trail.

Don't miss this opportunity to buy into this red-hot property market!

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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*As per government regulations, anyone attending a public open home inspection or auction must provide proof of double vaccination and check in via the QR code provided on site.

Property History for 18/338 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$279,000
04 Oct 2022
Listed for Rent
$290/w
27 Apr 2020
  • 04 Oct 2022
    Sold for $279,000
  • 07 Apr 2022
    Listed for Sale Under Contract
  • 18 Mar 2020
    Listed for Rent - Price not available
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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 14,772 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 54 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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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.