2/17 Jells Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
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2/17 Jells Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 595m2
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Last updated 16 Mar 2026
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Property Details for 2/17 Jells Rd, Cheltenham

2/17 Jells Rd, Cheltenham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 595m2 and floor size of 77m2.

Building Type
House
Year Built
1970
Floor Size
77m2
Land Size
595m2
Local Government
Kingston

Last Listing description (May 2025)

For the astute investor or discerning homeowner who understands real estate is about more than a dwelling - but is about opportunity, growth, and long-term vision - a remarkable prospect has emerged in Cheltenham. With two properties on a single title, 17 Jells Road offers a unique opportunity to secure multiple income streams, explore various living arrangements, or develop the local area (STCA).

Unit 1 comprises a large living & dining zone with separate meals area, a well-appointed kitchen with walk-in pantry and adjoining laundry/scullery, three bedrooms, rear courtyard, and east-facing gardens. Unit 2 boasts two bedrooms, distinct spaces for both living and dining, a well-appointed kitchen, and a private courtyard. Considered together, the properties offer an impressive opportunity to secure strong rental yields now and into the future.

Whether considered from a home-ownership, investment, or development point of view, future owners will be rewarded by the area's continuing growth and burgeoning blue-ribbon amenity.

The local preschool and primary school sit around the corner, with the verdant spaces of Kingston Heath Reserve only steps from the door. Positioned to take advantage of nearby Southland SC and Cheltenham station village, the elite bayside private school belt is only minutes away.

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Property History for 2/17 Jells Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Listed for Rent
$470/w
19 Sep 2023
  • 04 Feb 2025
    Listed for Sale $1,270,000
  • 05 Sep 2023
    Listed for Rent $470 / week
  • 18 Mar 2021
    Listed for Rent $400 / week
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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 15,175 properties. Over the last 5 years, Houses in Cheltenham have seen a 18.32% increase in median value, while Units have seen a 13.80% increase. As at 28 February 2026:

  • The median value for Houses in Cheltenham is $1,308,623 while the median value for Units is $728,802.
  • Houses have a median rent of $730 while Units have a median rent of $555.
There are currently 58 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 664 properties were sold in the past 12 months in Cheltenham.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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