OFF MARKET

220/8 Railway Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 220/8 Railway Rd, Cheltenham

220/8 Railway Rd, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2018
Local Government
Kingston
Lot/Plan
220/PS722823

Last Listing description (August 2021)

This beautifully designed 1 bedroom, 1 bath, 1 car apartment is in the ultimate location and built to be enjoyed by a myriad of wonderful lifestyle attractions. This impeccably stylish one bedroom apartment allows ultimate convenience to Cheltenham Village and Train Station, Southland Shopping Centre and nearby Bayside’s beaches and extensive parklands. The kitchen is well-appointed with stone benchtops, light timber built-in cabinetry and Miele cooktop and oven. An open-plan living and dining zone seamlessly connects to a private spacious terrace, ideal for entertaining or enjoying some quiet time.

Further highlights include video intercom, secure lift entry, tile flooring in kitchen followed by carpet in living space, European laundry, air conditioner in the living zone, panel heaters in the bedroom, double-glazed windows throughout, dishwasher, basement car space and storage cage. Added feature includes access to the residents’ landscaped courtyard with seating and BBQ facilities.

Property History for 220/8 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$330,000
02 Aug 2021
Listed for Rent
$360/w
27 May 2021
  • 02 Aug 2021
    Sold for $330,000
  • 28 Jun 2021
    Listed for Sale $345,000 Private Sale
  • 16 Mar 2021
    Listed for Rent $360 / week
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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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