402/1228 Nepean HighwayCheltenham VIC 3192
Property Details for 402/1228 Nepean Hwy, Cheltenham
402/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.
Last Listing description (February 2021)
All the benefits of a prized lifestyle are positively reflected in this spacious 2 bedroom apartment Upon entry, the warmth of natural light from the spacious, glass-fronted ' balcony streams over the roomy open-plan living and dining spaces.
- Master bedroom with built in robe
- Open plan living / dining
- Split system heating and cooling
- Secure basement parking for 1 car
- Secure building with intercom access
- Storage cage
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Property History for 402/1228 Nepean Hwy, Cheltenham, VIC 3192
- 23 Dec 2023Sold for $435,000
- 26 Nov 2020Listed for Rent $360 / week
- 03 Oct 2018Listed for Rent $395 / week
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0About 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 14,772 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.
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