SOLD
Sold on 02 Nov 2023 for $480,000

714/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
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Property Details for 714/1228 Nepean Hwy, Cheltenham

714/1228 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 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
64m2
Local Government
Kingston
Lot/Plan
714/PS722823

Last Listing description (August 2021)

Proving you don't have to live in the inner-city to enjoy the benefits of a cosmopolitan lifestyle, sea breezes can be felt and is a short distance to Cheltenham Station, Southland Shopping Centre and Public Transport at your door step.

Apartment Key Details

2 bedrooms with built in robes

Stainless steel kitchen appliances with ample storage
Reverse cycle, split system air conditioning
Large balcony with views
Secure entry intercom)
Spacious balcony with views
Light & Bright living area
Secure Parking with storage cage

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Property History for 714/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$480,000
02 Nov 2023
Listed for Rent
$420/w
18 Aug 2021
  • 02 Nov 2023
    Sold for $480,000
  • 25 Jun 2021
    Listed for Rent $419 / week
  • 16 Nov 2020
    Listed for Rent $440 / 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 14,707 properties. Over the last 5 years, Houses in Cheltenham have seen a 32.80% increase in median value, while Units have seen a 17.29% increase. As at 31 July 2024:

  • The median value for Houses in Cheltenham is $1,209,188 while the median value for Units is $679,121.
  • Houses have a median rent of $690 while Units have a median rent of $538.
There are currently 45 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Cheltenham.

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