SOLD
Sold on 25 Jun 2024 for $475,000

316/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 61m2
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Property Details for 316/1228 Nepean Hwy, Cheltenham

316/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
61m2
Local Government
Kingston
Lot/Plan
316/PS722823

Last Listing description (November 2024)

Spaciously designed with two bedrooms, two bathrooms and an entertaining private terrace, sure to impress with its expensive views.Lift access from the lobby introduces a spacious layout highlighted by an impressive kitchen with loads of cupboard and bench space, gas cooking appliances, and a dishwasher facing an open-plan tiled dining and living area that opens to a big undercover balcony. The generously proportioned light-filled bedrooms are graced with a mirrored built-in robe and serviced by a central bathroom with a shower, vanity and W/C. Creating the utmost peace of mind for a perfectly comfortable lock-and-leave experience, the home includes a security fob entry, lift access, European laundry, split system heating/cooling, security system, intercom, CCTV, a storage cage and a secure undercover parking spot.With Squires Loft downstairs, there's so much to love about the cosmopolitan feel and lifestyle that surrounds you. Perfect for first-home buyers wanting to break into this exclusive area with Cheltenham Train station and bus routes to get you where you need, Southland Shopping Centre is just mere moments away for fantastic dining, shopping and cinema experiences and the beautiful Cheltenham Park for a slice of tranquillity.

Property History for 316/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$475,000
25 Jun 2024
Listed for Rent
$440/w
10 Dec 2021
  • 25 Jun 2024
    Sold for $475,000
  • 17 May 2024
    Listed for Sale Contact Agent
  • 10 Nov 2021
    Listed for Rent $440 / 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 14,769 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 56 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.

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.