12/338 Bay Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

12/338 Bay Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 1863m2
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Property Details for 12/338 Bay Rd, Cheltenham

12/338 Bay Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 1863m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1970
Floor Size
60m2
Land Size
1863m2
Local Government
Bayside
Lot/Plan
12/PS415585

Last Listing description (May 2026)

Quietly positioned to the rear with convenient access via Jack Road, this beautifully presented upper-level residence offers comfort, privacy and an unbeatable lifestyle location within reach of Southland Train Station.

Filled with natural light, the apartment features a sun-soaked open-plan living and dining area complemented by warm timber floors and a modern contemporary kitchen equipped with stainless steel appliances. Sliding doors open to a private decked balcony, creating the perfect space to relax or entertain.

Accommodation includes two generous bedrooms with built-in robes, serviced by a modern central bathroom with shower over bath. Additional features include split system heating and cooling, intercom entry, and two dedicated car spaces.

Perfectly positioned for convenience, enjoy local shops, cafs, restaurants and bus services at your doorstep, while Westfield Southland, Village Cinemas, Southland Train Station, William Fry Reserve and the beach via Bay Road are all within easy reach.

PHOTO ID REQUIRED AT ALL OPEN HOMES.

Please note: Ray White The Bayside Group has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace, or any other social media platforms. Please be aware of scammers - 2Apply application codes and links will be provided upon physical inspection of the property only.

Property History for 12/338 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$415,000
23 May 2018
Listed for Rent
13 Apr 2026
  • 12 Mar 2026
    Listed for Rent $550 / week
  • 23 May 2018
    Sold for $415,000
  • 24 Apr 2018
    Listed for Sale $390,000 - $429,000
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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. There are 26 parks, covering nearly 19.1% of the total area. The population of Cheltenham in 2016 was 22291 people. By 2021 the population was 23992 showing a population growth of 7.6% in the area during that time. The predominant age group in Cheltenham is 30-39 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 2021, 70.00% of the homes in Cheltenham were owner-occupied compared with 71.00% in 2016.

Cheltenham has 15,204 properties. Over the last 5 years, Houses in Cheltenham have seen a -5.85% decrease in median value, while Units have seen a 3.54% increase. As at 31 July 2026:

  • The median value for Houses in Cheltenham is $1,210,049 while the median value for Units is $715,290.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 65 properties listed for sale, and 39 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 631 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.