SOLD
Sold on 19 Apr 2024 for $1,211,000

42 Devon Street
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 643m2
Sold By
Jellis Craig Mentone
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Property Details for 42 Devon St, Cheltenham

42 Devon St, Cheltenham is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 643m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Year Built
1950
Land Size
643m2
Local Government
Kingston
Lot/Plan
4/LP19869

Last Listing description (May 2024)

Nestled in the sought after Golden Triangle, among local schools and Cheltenham station village - the local area provides the perfect setting for the property?s next chapter, which can involve retaining it as a beautiful family home, or re-envisioning it as something more modern.

Classically comfortable interiors include ornate joinery, timber panelling, a formal lounge, well-sized bedrooms, ducted heating and 2 split systems for heating and cooling all year round. It has been a site for family life that has brought so much joy across generations, and with some modest improvements, will continue to do so for generations to come. However, for those with a more practical bent, the 643 sqm (approx) site can be redeveloped into a luxury home or multi-unit site subject to council approval.

Truly, this area is highly sought-after by families and for good reason. Evesham Road Preschool, Cheltenham East Primary School & Cheltenham Primary School are within steps of the door, as are the sprawling grounds of Cheltenham Park, Le Page Park, and Kingston Heath Reserve. Adding additional amenity value to this already amazing location is proximity to Southland SC, local retail districts, and the elite bayside private school belt.

Property History for 42 Devon St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,211,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $1,211,000
  • 28 Mar 2024
    Listed for Sale Not Disclosed

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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.