SOLD
Sold on 14 Mar 2024 for $1,135,000

5 Rosewarne Avenue
Cheltenham VIC 3192

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 605m2
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Property Details for 5 Rosewarne Ave, Cheltenham

5 Rosewarne Ave, Cheltenham is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 605m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Floor Size
127m2
Land Size
605m2
Local Government
Kingston
Lot/Plan
33/LP52734

Last Listing description (September 2024)

Unlock the potential of this expansive 605m2 canvas nestled in one of Cheltenham's most sought after streets! Boasting 4 bedrooms, this property offers an exciting opportunity for savvy investors or discerning homeowners seeking to build their perfect home.

Renovation Visionaries:
For those with a creative flair, envision a renovation that breathes new life into every corner of this home. With ample space to reimagine layouts, modernize amenities, and infuse personal style, this property invites you to transform it to your requirements.

Builders and Developers Delight:
With the option to knock down and rebuild, seize the opportunity to create not just one, but potentially two stunning homes on this generous plot (STCA). Whether you're looking to craft your dream residence and capitalize on the booming Cheltenham market or develop a lucrative investment opportunity, the possibilities are endless.

Location:
Situated in the sought-after enclave of Cheltenham, enjoy the convenience of easy access to renowned schools, vibrant shopping precincts, parks and sporting grounds, and the sparkling shores of nearby beaches. Embrace the quintessential lifestyle that Cheltenham offers, where every amenity is within close reach.

Your Canvas Awaits:
Embrace the opportunity to shape your future with this versatile property. Whether you choose to renovate and rejuvenate or embark on a new build project, make this blank canvas your own and create the home - or homes - of your dreams in Cheltenham.

Don't miss out on this rare opportunity - seize the moment and unlock the potential of this remarkable property today! Contact us to arrange a viewing and start envisioning the possibilities that await you.

Property History for 5 Rosewarne Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,135,000
14 Mar 2024
  • 14 Mar 2024
    Sold for $1,135,000
  • 13 Feb 2024
    Listed for Sale $1,050,000 - $1,150,000

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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 14,769 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 56 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.

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.