OFF MARKET

5/34 Gillman Street
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 77m2
Land area: 1798m2
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Last updated 11 Nov 2024
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Property Details for 5/34 Gillman St, Cheltenham

5/34 Gillman St, Cheltenham is a 2 bedroom, 1 bathroom Unit and was built in 1968. The property has a land size of 1798m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1968
Floor Size
77m2
Land Size
1798m2
Local Government
Kingston
Lot/Plan
5/RP871

Last Listing description (November 2023)

Here's an affordable entry into an unbeatable heart-of-Cheltenham location, just 500m from bustling Charman Road shopping/dining, Cheltenham station and Westfield Southland. Close to The Mentone Centre, DFO, Mentone Village, glorious beaches, parks and walking trails.

And it's the golden ticket of primary and secondary education with zoning for renowned Cheltenham Primary and Mentone Girls' and Beaumaris Secondary Colleges - you could happily lose the car keys for good.

Well maintained and tastefully updated, featuring a spacious, practical floor plan with high ceilings, a modern white colour palette, quality carpet, roller blinds, split system air-conditioning, a Rinnai heater and ceiling fans throughout.

A communal outdoor area with clotheslines, and an assigned single car park just a few steps from the front door.

Two generous bedrooms with built-in robes and ceiling fans - both closely serviced by the bathroom and laundry combined, plus a separate toilet.

Sunlit living and dining room with air-conditioning and a heater, adjoining a lovely modern kitchen with stainless steel cooking appliances and plenty of cupboard and bench space.

Whatever your plan or budget, this value-packed two-bedroom offers a superb lifestyle for first-home buyers, young families and downsizers; and consistently excellent rental returns, high demand and capital growth for investors. Potential rent: $430 - $460 per week.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections

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Property History for 5/34 Gillman St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$420,000
27 Oct 2023
Listed for Rent
$450/w
16 Aug 2023
  • 27 Oct 2023
    Sold for $420,000
  • 19 Sep 2023
    Listed for Sale Under Contract
  • 07 Aug 2023
    Listed for Rent $450 / 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 14,770 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 57 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.

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