SOLD
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Sold on 19 Mar 2024 for $445,000

6/117 Park Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 64m2
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Property Details for 6/117 Park Rd, Cheltenham

6/117 Park Rd, Cheltenham is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Cheltenham in the last 12 months.

Building Type
Apartment
Land Size
64m2
Local Government
Bayside
Lot/Plan
6/SP22856

Last Listing description (March 2024)

Sale by Set Date closing Tuesday 12th March @ 5pm Unless Sold Prior

It's all about location with this light & bright apartment which offers a potential-loaded base in a prime position. Situated on the ground floor of a garden group with the expanses of Cheltenham Park directly opposite and the station within a short stroll, this is an easy value-add opportunity perfect for your first renovation project.

With leafy outlooks, the home has recently been refreshed with new paint and carpet and features a well-sized lounge with heater leads through to the original kitchen offering a practical footprint. Both of the bedrooms are generous doubles which feature built-in wardrobes, whilst the central bathroom houses a space for a washing machine - undercover parking rounds off the package.

An exciting chance to flex your renovation muscles - fit the contemporary kitchen and chic bathroom that suits your style and create a stylish base beachside of the highway.

Head out to dinner or drinks in nearby, play a round at renowned golf courses or pop to Southland for retail therapy or a movie, this is a great position that is also just moments from the bay.

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Property History for 6/117 Park Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$445,000
19 Mar 2024
Listed for Rent
$300/w
29 Jan 2021
  • 09 Mar 2024
    Sold for $445,000
  • 14 Feb 2024
    Listed for Sale $460,000
  • 22 Jan 2021
    Listed for Rent $300 / 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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