12 Monterey Drive, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

12 Monterey Drive
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 173m2
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Property Details for 12 Monterey Dr, Cheltenham

12 Monterey Dr, Cheltenham is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 173m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
2018
Floor Size
123m2
Land Size
173m2
Local Government
Bayside
Lot/Plan
157/PS739473

Last Listing description (March 2020)

Situated in Mirvacs coveted Jack Road community, this spacious, modern, and relaxed 3 bedroom, 2.5 bathroom townhouse presents as a beautiful home in a stunning neighbourhood, with the additional benefit of outstanding sustainable qualities, cementing itself as a unique part of Melbournes residential history.

This home was part of Mirvacs industry leading House with no Bills study that saw the inclusion of leading sustainable technology which has delivered significant energy and cost savings over a 12 month period for a typical family.

The results of the study saw:

A 75% energy cost savings compared to an average 4 person household in Melbourne
The home generated more energy than it used for 5 months of the year
Overall, the test family used only 8% more electricity than was generated by the home over the year.

Sustainable features of the home include:

Increased insulation and glazing performance for added thermal comfort
Energy efficient, fully electric home with no natural gas
5.7kW Solar PV and 17kWh battery
Smart technology, including Evergen energy monitoring system, lighting motion sensors, automated blind control

This is truly a unique and stunning residence for future-minded buyers who value sustainable living with the bonus of very low outgoings to pay.

Home Features include:

State of the art technology including: Evergen energy monitoring system, standby switch, motion sensor lights, automated blinds
Mirvac Quality - built to high standards, timeless design that is stylish and modern to live in
Spacious central lounge and dining with free-flowing layout
Stone kitchen includes a large island bench, stainless steel Smeg appliances including induction cooktop, and energy saving integrated Fisher & Paykel fridge and freezer
Upstairs bedroom includes the bright and sizeable master bedroom with mirrored walk-in robe area and gorgeous ensuite
Relaxed upstairs retreat ideal as another living space or home office
Stylish upstairs bathroom and downstairs powder room
Laundry with external access
Rear pergola courtyard with BioFilta Food wall
Energy efficient, zoned heating and cooling
Rainwater tank
Secure alarm
Single remote garage

LOCATION
The nearby Westfield Southland covers all your shopping bases and features supermarkets, Kmart, gym, and Village Cinemas. Youre also close to Sir William Fry Reserve, Cheltenham Primary School, Sandringham College, renowned sandbelt golf courses, buses, and Southland Station.

Property History for 12 Monterey Dr, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,005,000
29 Feb 2020
  • 29 Feb 2020
    Sold for $1,005,000
  • 03 Feb 2020
    Listed for Sale Auction Sat 29th Feb 2:30pm - $800,000 - $850,000
  • 07 Mar 2018
    Sold for $744,000
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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 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 15,176 properties. Over the last 5 years, Houses in Cheltenham have seen a 15.84% increase in median value, while Units have seen a 8.24% increase. As at 31 March 2026:

  • The median value for Houses in Cheltenham is $1,299,321 while the median value for Units is $718,770.
  • Houses have a median rent of $750 while Units have a median rent of $570.
There are currently 58 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 634 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.