SOLD
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Sold on 29 Nov 2023 for $1,200,000

31 Weymar Street
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 629m2
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Property Details for 31 Weymar St, Cheltenham

31 Weymar St, Cheltenham is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 629m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Land Size
629m2
Local Government
Kingston
Lot/Plan
14/LP41149

Last Listing description (November 2023)

This charming, comfortable, mostly original and brick beauty on 629sqm (approx.) is brimming with appeal in one of Cheltenham's most popular pockets.

Just 5-minutes walk to Westfield Southland, Charman Road shopping/dining precincts, and the train station; a quick walk to Cavanagh Street shops, Cheltenham East Primary, Le Page Park and a couple of bus stops away from Cheltenham Secondary College.

Rich with the hallmarks of its original character, alongside all the fundamentals for families of today, this is a dream family, investment or development opportunity with so much to love and embrace and multiple options to explore.

Three generous bedrooms, an original bathroom with a bath and a shower plus a separate toilet and a laundry. A front lounge and dining, an eat-in kitchen and a sun-filled rear family room overlooking the undercover entertaining and huge backyard.

Side access driveway to a double carport AND a triple-sized garage/workshop for the handyman, watersport or car enthusiast to tinker about in!

It's the developer's, investor's, renovator's or new-home builder's dream come true - a doorway into this thriving bayside location, minus the price tag! With a 15.2m street frontage by 41.3m (approx) deep building canvas to play with, an array of opportunities and options are there to explore.

For savvy buyers seeking to maximise their lifestyle, the existing home is set to the front of the block, opening up further options to develop at the rear (STCA) while bringing the original home up to the minute.

Whatever you choose, this is a rare chance to snap up an affordable entry into this popular address: renovate and enhance what's already here, wipe the slate clean and rebuild your dream home, or subdivide and redevelop - the options are plenty and the choices are yours.

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

Property History for 31 Weymar St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,200,000
29 Nov 2023
Listed for Rent
$360/w
25 Feb 2009
  • 29 Nov 2023
    Sold for $1,200,000
  • 08 Nov 2023
    Listed for Sale $1,050,000 - $1,150,000
  • 11 Dec 2013
    Sold for $413,333
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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 14,712 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.48% increase in median value, while Units have seen a 14.92% increase. As at 31 August 2024:

  • The median value for Houses in Cheltenham is $1,203,432 while the median value for Units is $676,563.
  • Houses have a median rent of $690 while Units have a median rent of $540.
There are currently 53 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 639 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Kevin Chokshi
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Angela Limanis
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Ray White Cheltenham
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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.