SOLD
Sold on 18 Apr 2024 for $400,000

4/1255 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 2615m2
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Property Details for 4/1255 Nepean Hwy, Cheltenham

4/1255 Nepean Hwy, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2615m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
2615m2
Local Government
Kingston
Lot/Plan
28/RP5638

Last Listing description (May 2024)

Jump into the Cheltenham market today with Southland's best buy! Just two doors from the shopping centre this light, bright and spacious 2 bedroom 1st floor apartment offers outstanding value.

Featuring a generous living area with split system and gas heating, 2 good sized bedrooms with BIR?s, central bathroom, sunny kitchen, designated car space and off street parking.

Wonderfully affordable to first home buyers, young professionals, downsizers or astute investors as a great addition to a property portfolio. Just a short stroll away from Southland Shopping Centre, parkland, schools and the train station.

Don?t wait for another opportunity like this to come along!

Featuring;-
? Generous living / dining area
? 2 sizeable bedrooms graced with dual built-in robes
? Well-appointed kitchen with gas cook top
? Central bathroom
? Designated, on title, car space
? Freshly painted
? Double brick
? Low maintenance lifestyle
? North facing living area

For more information, please contact Chloe Barry on 0401 018 086 from Barry Plant today.
ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property History for 4/1255 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$400,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $400,000
  • 05 Apr 2024
    Listed for Sale Not Disclosed
  • 12 Dec 2016
    Sold for $330,000
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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 14,712 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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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.