723/8 Railway RoadCheltenham VIC 3192
Property Details for 723/8 Railway Rd, Cheltenham
723/8 Railway Rd, Cheltenham is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Cheltenham in the last 12 months.
Last Listing description (July 2024)
An excellent opportunity to bid farewell to your landlord and climb the property tree, or add a high-yielding investment to your property portfolio, this two-bedroom "The Village" apartment represents easy, very affordable living at an address that was the first of its kind in Cheltenham's revitalised railway precinct.
Amidst a melding of colorful Melbourne vibrancy and breezy coastal ambiance, this well-designed apartment is on the door of the Charman Road latte strip and Cheltenham Station - a stop away or a quick walk from Westfield Southland and an express line to the CBD. Cheltenham Park, Sandbelt Golf Courses, the beach and iconic Bay Trail are close-by.
Elevated views with an unusually generous 6.4m (approx) balcony and a spacious, thoughtfully devised layout that can bend and flex to accommodate a range of buyers' needs. Functional spaces and quality, simplistic design.
Square-set cornices, full-height double-glazed windows, wide-board timber flooring, quality carpets, blinds, stone surfaces, split system air-conditioning and bedroom heating.
Both bedrooms include mirrored robes, wall heaters and TV points - the main with a fantastic study/yoga/reading nook, and bedroom two with balcony access. Closely serviced by the sleek, fully-tiled bathroom/laundry combined with stone-top vanity, mirrored storage and an oversized shower.
Quality stone-top kitchen with NEFF cooking appliances and a dishwasher, great overhead/under-bench storage. Open dining/living and a large balcony poised to bask in the Northern orientation.
Video intercom, lift access, secure parking space(non-stacker), storage cage and standout resident facilities including a central green garden with park benches and BBQ entertaining.
An appealing investment or a chance to embrace the unique lifestyle that only Melbourne's bayside can deliver.
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.
* Photo ID required at all open for inspections
Property History for 723/8 Railway Rd, Cheltenham, VIC 3192
- 11 Jul 2024Sold for $450,000
- 13 Jun 2024Listed for Sale Under Offer
- 22 Feb 2016Sold for $435,000
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0About 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.
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