SOLD
Sold on 30 Oct 2023 for $550,000

3/12 Jack Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 137m2
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Property Details for 3/12 Jack Rd, Cheltenham

3/12 Jack Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 137m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
74m2
Land Size
137m2
Local Government
Bayside
Lot/Plan
3/RP1185

Last Listing description (November 2023)

Nestled in the highly desirable 'Pennydale' precinct, this 2-bedroom unit presents an enticing opportunity for first-time home buyers, retirees, downsizers, and investors. With a blend of comfort, convenience, and affordability, this property ticks all the boxes for those seeking to step onto the property ladder or secure a wise investment.

Featuring two generous bedrooms, a single carport, a well-appointed bathroom, and an open-plan living area that seamlessly combines the kitchen, meals, and living spaces, this unit is designed for practicality and comfort. The functional kitchen caters to your culinary needs, while the private courtyard offers a serene space for relaxation and outdoor living. Stay comfortable year-round with the split system heating and cooling system.

Location is everything, and this property offers it all. Within walking distance, you'll find Cheltenham Park Reserve, providing a green oasis for leisurely strolls and picnics. For golf enthusiasts, Melbourne's premier golf courses are easily accessible, promising endless rounds of enjoyment.

Southland Shopping Centre is just a stone's throw away, ensuring all your shopping, dining, and entertainment needs are met. Commuting is a breeze with the nearby train station, connecting you to Melbourne's vibrant city centre. A diverse array of restaurants and cafes are also within reach, making dining out a delightful experience.

For first-home buyers, this is a golden opportunity to break free from the rental cycle and invest in your own future. Why pay rent when you can invest in homeownership? Retirees and downsizers will appreciate the ease of living in this low-maintenance unit, while investors will see the potential for strong returns in this sought-after location. Contact us today to schedule a viewing and embark on your journey toward homeownership. Your dream of owning a piece of Pennydale awaits.

For more information, please contact Kylie Sirianni on 0402 019 540 and Dean Sirianni on 0400 446 186 from Barry Plant today.

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Property History for 3/12 Jack Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$550,000
30 Oct 2023
Listed for Rent
$350/w
19 Oct 2012
  • 30 Oct 2023
    Sold for $550,000
  • 12 Sep 2023
    Listed for Sale $569,000
  • 30 Oct 2012
    Sold for $365,000
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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 14,707 properties. Over the last 5 years, Houses in Cheltenham have seen a 32.80% increase in median value, while Units have seen a 17.29% increase. As at 31 July 2024:

  • The median value for Houses in Cheltenham is $1,209,188 while the median value for Units is $679,121.
  • Houses have a median rent of $690 while Units have a median rent of $538.
There are currently 45 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Cheltenham.

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Chris Kavanagh
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Dean Sirianni
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Barry Plant Bayside
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