17/338 Bay Road, Cheltenham, VIC 3192 sold on 20 January 2026 | OnTheHouse
 
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Sold on 20 Jan 2026 - Price Unavailable

17/338 Bay Road
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 17/338 Bay Rd, Cheltenham

17/338 Bay Rd, Cheltenham is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Apartment sold in Cheltenham in the last 12 months.

Building Type
Apartment

Last Listing description (January 2026)

Spacious, stylish, and superbly positioned, this oversized one-bedroom apartment offers a lifestyle of convenience and comfort just moments from Southland, the beach, and bayside's best amenities. Quietly set on the first floor of a rendered and refurbished group, it delivers a beautifully proportioned interior that's rarely found in this category, making it the perfect choice for first-home buyers, downsizers, or savvy investors seeking strong rental appeal.

Step inside to discover a generous open-plan living and dining zone, finished with warm hardwood flooring and bathed in natural light. The modern kitchen is both practical and stylish, featuring a glass splashback, stone-look benchtops, a breakfast bar, quality cabinetry, a Simpson oven, and a Chef induction cooktop, ideal for everyday cooking or entertaining with ease.

The true highlight is the supersized bedroom, offering ample space for a reading nook, desk or additional seating area, and opening directly onto a full-width balcony, an inviting outdoor space for relaxing, working from home or hosting friends. A bright and fresh bathroom includes a European-style laundry and offers excellent functionality without compromising on style.

Additional features include split-system heating and cooling, a secure entry, and an off-street car space on title. With its oversized proportions, solid construction, and unbeatable location, this home represents exceptional value and long-term appeal.

Perfectly positioned to enjoy Cheltenham's growing lifestyle precinct, this address places you just a few steps from cafes, takeaway options, and a bus to the beach, while Southland's shops, trains, dining, and cinemas are a mere two-minute walk away. It's low-maintenance living with high-impact potential, ready to move in, lease out, or lock-and-leave with absolute ease.

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.
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Property History for 17/338 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
20 Jan 2026
Listed for Rent
$320/w
17 Oct 2019
  • 20 Jan 2026
    Sold for $365,000
  • 24 Sep 2025
    Listed for Sale Contact Agent
  • 05 Oct 2022
    Sold for $270,000
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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 15,148 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.65% increase in median value, while Units have seen a 15.77% increase. As at 31 December 2025:

  • The median value for Houses in Cheltenham is $1,312,269 while the median value for Units is $725,359.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 53 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 675 properties were sold in the past 12 months in Cheltenham.

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Paul Allica
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Ray White Cheltenham
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