227/8 Railway Road, Cheltenham, VIC 3192 | Apartment for rent | OnTheHouse
 
FOR RENT
$490 per week

227/8 Railway Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Available From
Friday 28 August 2026| Bond $2,129
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Stunning one bedroom apartment with 1-week free rent!

In the glamorous heart of Cheltenham, this brand new apartment contains so much in its presence. Boasting;
• Carpeted bedroom with BIR
• Sparkling bathroom with modern features
• A modern kitchen with stainless steel appliances, including gas cooking and dishwasher
• Timber floorboards in the lounge room and kitchen
• Gorgeous double blinds in the living room
• Split system in the living area and electric wall panel heater in the bedroom
• Secure car park
• Storage cage
Cheltenham: This Bayside suburb offers all that could be wanted by a young family. The area is also well serviced by public transport with plenty of buses and Cheltenham train station. Southland shopping centre is also centrally located and offers a vast array of shops. The Main Street of Cheltenham is Charman Road and is a busy mix of local traders from cafes to food outlets and service industries.
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Property Details for 227/8 Railway Rd, Cheltenham

227/8 Railway Rd, Cheltenham is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Ray White Cheltenham.

Building Type
Apartment
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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 15,206 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 63 properties listed for sale, and 33 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 629 properties were sold in the past 12 months in Cheltenham.

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Suburb Insights for Cheltenham 3192

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Ildiko Orsos
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Ray White Cheltenham
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