OFF MARKET

5 Tracey Court
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 730m2
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Property Details for 5 Tracey Ct, Cheltenham

5 Tracey Ct, Cheltenham is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 730m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1975
Floor Size
82m2
Land Size
730m2
Local Government
Kingston
Lot/Plan
5/LP83023

Last Listing description (January 2023)

Positioned in a coveted enclave among winding boulevards and secluded cul-de-sacs, this property is situated on a level rectangular parcel of land measuring 725 sqm. approx. in what is an exceptional and exceedingly rare landholding opportunity.
Surrounded by established homes on a north-south orientation, the possibilities here are endless. Move-in while you organise plans and permits, or gradually renovate instead and transform the enormous backyard into a garden oasis.
Alternatively, you can put the square, north-facing backyard to more practical use and consider a second dwelling for multi-generational living or subdivision (STCA). For those seeking a fresh start, wipe the slate clean and pursue multi-unit development in a prized GRZ3 (STCA).

A family-friendly pocket prized for its proximity to parks and retail; Kingston Heath Reserve & Moorabbin DFO are a minute's drive down the road. Advantaged by easy access to Southland SC, Cheltenham station village, and Mentone Mall, zoning is for Kingston Heath Primary & Parkdale Secondary College.

Property History for 5 Tracey Ct, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$990,000
28 Nov 2022
Listed for Rent
$230/w
23 Jan 2007
  • 28 Nov 2022
    Sold for $990,000
  • 09 Nov 2022
    Listed for Sale Contact Agent.
  • 12 Dec 2006
    Listed for Rent - Price not available
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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.