201/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

201/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 4010m2
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Last updated 31 Aug 2026
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Property Details for 201/1228 Nepean Hwy, Cheltenham

201/1228 Nepean Hwy, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4010m2 and floor size of 52m2.

Building Type
Unit
Year Built
2018
Floor Size
52m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
201/PS722823

Last Listing description (April 2026)

Experience the best of bayside living in one of Cheltenhams most exciting apartment developments. This stylish one-bedroom residence truly hits the heights, offering contemporary comfort paired with an oversized private courtyardperfect for entertaining, relaxing, or simply enjoying your own outdoor retreat.

Ideally positioned with vibrant cafs and everyday shopping at your doorstep, the train station just around the corner, and Westfield Southlands cinemas and retail precinct only moments away, this is lifestyle living at its most convenient.

This beautifully presented apartment features:

Generous carpeted bedroom complete with mirrored built-in robe and wall heater
Sleek, modern bathroom with quality finishes
Immaculate kitchen with stainless steel appliances, gas cooking and dishwasher
European-style laundry
Secure car parking
Dedicated storage cage
Expansive courtyard a rare and standout feature
Access to communal entertaining area with built-in BBQ facilities

Additional benefit of an embedded network for streamlined utility connections.

A perfect combination of space, style and locationthis is an opportunity not to be missed.

Please note this apartment has embedded networks

Property History for 201/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Listed for Rent
$450/w
19 Apr 2026
  • 06 Apr 2026
    Listed for Rent $450 / week
  • 04 Sep 2019
    Listed for Rent $380 / week
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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 15,228 properties. Over the last 5 years, Houses in Cheltenham have seen a -9.31% decrease in median value, while Units have seen a 1.46% increase. As at 31 August 2026:

  • The median value for Houses in Cheltenham is $1,173,644 while the median value for Units is $707,971.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 62 properties listed for sale, and 34 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 600 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.