SOLD
Sold on 27 Jan 2024 for $330,000

327/8 Railway Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Sold By
Brian Lewin
Lewin Real Estate Pty Ltd
Lesley Kilby
Lewin Real Estate Pty Ltd
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Property Details for 327/8 Railway Rd, Cheltenham

327/8 Railway Rd, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
44m2
Local Government
Kingston
Lot/Plan
327/PS722823

Last Listing description (March 2024)

Rising above the very centre of Cheltenham with every daily necessity, desire and want right at the doorstep, this sleek & streamlined lifestyle abode delivers exactly that... a fabulous lifestyle. Offering the ultimate in workday convenience, it is also positioned for an easy trip down to the beach for special leisure days on the sand.
Open plan and filled with natural light, the layout comprises a well-sized living/dining zone which flows from a neat stone kitchen complete with dish-drawer dishwasher and out to a sheltered balcony enjoying views across the neighbourhood.
The peaceful bedroom is a spacious double that benefits from fitted wardrobes, whilst a sparkling fully-tiled bathroom, Euro laundry and split system heating/cooling are also offered.

With the reassurance of secure entry to the building plus an assigned basement car-space, this lowest of maintenance homes also enjoys residents' access to stylish alfresco & BBQ areas perfect for entertaining guests outdoors. Literally metres from the station, shops & cafes, this prime position is close to beautiful parklands, well-regarded golf courses and an easy trip to Southland & DFO.

Property History for 327/8 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$330,000
27 Jan 2024
Listed for Rent
$350/w
08 Nov 2022
  • 27 Jan 2024
    Sold for $330,000
  • 27 Nov 2023
    Listed for Sale Not Disclosed
  • 31 Oct 2022
    Listed for Rent $350 / 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 14,710 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 40 properties listed for sale, and 44 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 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.