516/1228 Nepean HighwayCheltenham VIC 3192
Property Details for 516/1228 Nepean Hwy, Cheltenham
516/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Cheltenham in the last 12 months.
Last Listing description (June 2024)
With its north-facing position, this 2-bedroom, 2-bathroom apartment provides stunning views that you can enjoy as an ideal first home, a lock-up & leave, downsize without compromise, or rewarding investment with a healthy rental return.
Sleek kitchen with stone bench and quality appliances, gas cooktop and dishwasher, open plan living area and sliding doors to a large balcony.
The spacious master bedroom comes with a chic ensuite and a bonus study area, while an additional double bedroom (with balcony access) and second bathroom offer flexibility and comfort. Both bedrooms are carpeted and feature built-in robes.
Additional features include European laundry, enjoy year-round comfort with split system heating/cooling, along with the added convenience of video intercom, storage cage and remote access secure car parking.
Situated within 'The Village', a residential complex, residents enjoy access to a communal outdoor entertainment area bathed in sunlight, complete with built-in BBQ facilities. Ultra-secure on the edge of Charman Road precinct with shops, restaurants and station footsteps away, Southland within 600m and the beach nearby, this location is central to everything.
Property History for 516/1228 Nepean Hwy, Cheltenham, VIC 3192
- 24 May 2024Sold for $470,000
- 09 May 2024Listed for Sale Private Sale - $450,000 to $485,000
- 08 Apr 2015Sold for $485,000
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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 14,835 properties. Over the last 5 years, Houses in Cheltenham have seen a 10.81% increase in median value, while Units have seen a 9.48% increase. As at 30 November 2024:
- The median value for Houses in Cheltenham is $1,159,955 while the median value for Units is $681,178.
- Houses have a median rent of $700 while Units have a median rent of $550.
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