SOLD
Sold on 24 Dec 2023 for $515,000

712/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
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Property Details for 712/1228 Nepean Hwy, Cheltenham

712/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
63m2
Local Government
Kingston
Lot/Plan
712/PS722823

Last Listing description (June 2020)

In Cheltenham's newest and most exciting beach side apartment development, this two bedroom, two bathroom apartment hits the heights - with cafes and shopping at the door, the station around the corner and Southland's cinemas and retail therapy just across the Highway. Comprising open plan kitchen -living opening onto generously sized balcony. The hostess kitchen features stone benches, stainless steel appliances including gas stove, electric oven and dishwasher. Both bedrooms have built-in robes, 2 modern and sparkling bathrooms, euro laundry. The package is completed by split system heating and cooling, secure carpark and storage cage and use of the communal entertaining area with built-in BBQ facilities. Can be fully furnished by negotiation.

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Property History for 712/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$515,000
24 Dec 2023
Listed for Rent
$480/w
18 Jun 2020
  • 24 Dec 2023
    Sold for $515,000
  • 23 Apr 2020
    Listed for Rent $480 / week
  • 12 Dec 2018
    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 14,710 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 40 properties listed for sale, and 44 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 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.