2/393 Bay Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

2/393 Bay Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 1412m2
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Last updated 13 Jul 2026
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Property Details for 2/393 Bay Rd, Cheltenham

2/393 Bay Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 1412m2 and floor size of 91m2.

Building Type
Unit
Year Built
1987
Floor Size
91m2
Land Size
1412m2
Local Government
Bayside

Last Listing description (June 2026)

This simple but tidy two-bedroom unit offers a low maintenance outdoor space, central living and kitchen areas with gas heating and cooking, and two large light-filled bedrooms with built-in robes.
The bathroom offers space with a separate shower and bath, and a separate laundry off the kitchen, which leads out to the rear courtyard.

Offers communal carport space out the front of the block. The perfect location with a bus stop out the front, a short walk to Southland Shopping Centre and new train station, everything you need as at your fingertips.

Property History for 2/393 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Listed for Rent
$420/w
19 Nov 2025
  • 12 Nov 2025
    Listed for Rent $420 / week
  • 16 Jan 2018
    Listed for Rent - Price not available
  • 04 Oct 2016
    Listed for Rent - Price not available
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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 15,208 properties. Over the last 5 years, Houses in Cheltenham have seen a 0.77% increase in median value, while Units have seen a 2.26% increase. As at 30 June 2026:

  • The median value for Houses in Cheltenham is $1,248,865 while the median value for Units is $703,151.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 64 properties listed for sale, and 35 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 621 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.