OFF MARKET

714/6 Railway Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Last updated 11 Nov 2024
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Property Details for 714/6 Railway Rd, Cheltenham

714/6 Railway Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2017
Floor Size
52m2
Local Government
Kingston
Lot/Plan
714/PS720147

Last Listing description (June 2023)

Located in the highly regarded and secure Ilixir development, this modern designed apartment with sleek kitchen, generous-sized east facing balcony, floor-to-ceiling windows and generous bedrooms are just some of the features of this fantastic apartment.

This two bedroom, one bathroom apartment is light-filled and will surely impress! , and heating and cooling will not disappoint. With a secure basement, car space, storage cage, and onsite lifestyle manager, privacy and security are assured.

The apartment is centrally located a short stroll to the Charman Road shopping strip with Mentone beach, Cheltenham Train Station, Southland Shopping Centre, and an abundance of shops and restaurants in the local area.

This will suit owner occupiers and investors alike currently tenanted till 31/10/23 paying $1782 a month.

Please contact our Head of Property Sales Brad Carlin-Smith 0466605522 for further enquiries.

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Property History for 714/6 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$425,000
19 Jun 2023
Listed for Rent
$400/w
10 Oct 2021
  • 19 Jun 2023
    Sold for $425,000
  • 08 Feb 2023
    Listed for Sale $450,000
  • 14 Sep 2021
    Listed for Rent $400 / 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 14,772 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 54 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Cheltenham.

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