SOLD
Sold on 29 Aug 2024 for $515,000

706/6 Railway Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
Sold By
Belle Property Mentone
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Property Details for 706/6 Railway Rd, Cheltenham

706/6 Railway Rd, Cheltenham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
60m2
Local Government
Kingston
Lot/Plan
706/PS720147

Last Listing description (October 2024)

INSPECTION AVAILABLE BY APPOINTMENT

Positioned on the 7th floor in the coveted Ilixir building designed by Doig Architects and landscaped by Fleming Landscapes, this apartment takes in sweeping views across Port Phillip Bay and beyond. Ilixir features outstanding lifestyle benefits including rooftop cinema and outdoor dining. This single level apartment features open plan lounge and dining with timber flooring opening to private outdoor terrace, 2 bedrooms (built-in robes), 2 designer bathrooms (ensuite to main bedroom) with upgraded tiling, stone kitchen with stainless steel appliances, split system heating and cooling, basement car park for one vehicle (not a stacker) and storage cage. Ilixir is located on Railway Road Cheltenham amongst the buzz of the bustling Cheltenham Shopping precinct. A lucky new owner will enjoy the cosmopolitan lifestyle of Charman Road's cafes, restaurants and specialty stores plus be within walking distance to Southland shopping centre, train station, Beaumaris beach and approximately 20km from the CBD.

Property History for 706/6 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$515,000
29 Aug 2024
Listed for Rent
$420/w
05 Nov 2021
  • 29 Aug 2024
    Sold for $515,000
  • 30 Jul 2024
    Listed for Sale $515,000
  • 20 Sep 2021
    Listed for Rent $420 / 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 14,769 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.