SOLD
RECENT ADVICE
Sold on 03 Aug 2024 for $322,000

7/1 Wedd Street
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 7/1 Wedd St, Cheltenham

7/1 Wedd St, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Local Government
Kingston
Lot/Plan
7A/PS414533

Last Listing description (August 2024)

Footsteps to the station, a stroll to fabulous cafes & bars and, best of all, little to no maintenance - this really is what a lock & leave lifestyle is all about.

Situated on the first floor of a brilliantly positioned and gated group, this spacious 1-bedroom Golden Triangle apartment is bathed in streams of natural sunlight and warmth throughout.

Well laid out to ensure the abode's social hub is set away from the secluded bedroom, accommodation includes a well-equipped eat-in kitchen (gas cooktop), a light-lavished lounge with heating and handy access to a private balcony plus a bright bathroom with provisions for laundry appliances. An onsite parking space wraps up an appealing carefree package.

In a low-traffic pocket of bustling Cheltenham and well suited to both the busy owner-occupier as well as the astute investor, the apartment is an easy stroll to Cheltenham station and Charman Road's vibrant dining & retail precinct while Southland, the bay and bus stops are all close by.

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.
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Property History for 7/1 Wedd St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$322,000
03 Aug 2024
Listed for Rent
$300/w
14 Jun 2022
  • 03 Aug 2024
    Sold for $322,000
  • 02 Jul 2024
    Listed for Sale Contact Agent
  • 26 May 2022
    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 14,769 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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Contact agent
Trevor Bowen
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Julia Poggi
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Ray White Cheltenham
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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.