21 Derring Lane, Cheltenham is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 602m2 and floor size of 359m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 4 bedroom House sold in Cheltenham in the last 12 months.
Some homes simply feel different the moment you step inside. This is one of them.
Offering a sense of space that is increasingly difficult to find, this generously proportioned four-bedroom-plus-study residence, easily configured as a five-bedroom home has been designed with a singular purpose: to grow with your family, season after season, chapter after chapter. With multiple living zones, three bathrooms, private retreats and genuinely generous proportions at every turn, there is room here for everyone: room to connect, room to retreat, room to simply breathe.
The heart of the home is a sweeping open-plan kitchen, meals and family domain that flows seamlessly to an outdoor entertaining area and a truly generous backyard a rare find that invites long afternoons, weekend gatherings and the kind of outdoor living that Bayside families dream about. Beyond this, a separate formal living room, dedicated rumpus and a private home office-come-fifth bedroom deliver four living spaces in total, speaking to a floorplan that refuses to compromise, whether you're raising a young family, working from home, or hosting with ease. Year-round comfort is assured throughout via ducted heating and cooling.
Upstairs, the home continues to impress. Four well-proportioned bedrooms are anchored by a beautifully private main suite, complete with walk-in robe, ensuite and a dedicated parents' retreat a quiet sanctuary that feels a world away from the rest of the home. A second upstairs retreat gives children and teenagers a space to claim as their own.
Practicality has been thoughtfully considered throughout, with an abundance of storage options and a generous double garage ensuring there's a place for everything, making everyday family living effortlessly organised.
Positioned within a peaceful no-through road, the setting is remarkably quiet. Families will appreciate the home's placement within highly regarded school zones, while commuters enjoy outstanding transport accessibility. Multiple bus services are available just moments away at the corner of Warrigal Road and Centre Dandenong Road, while both Cheltenham and Mentone train stations are within easy walking distance.
Set within one of Cheltenham's most coveted family pockets, the lifestyle on offer is just as compelling as the home itself. Leafy parks, sporting facilities and a genuine community atmosphere sit alongside Southland Shopping Centre, local cafs and the ever-present draw of the Bayside coastline.
Substantial, versatile and positioned in one of Cheltenham's most tightly held addresses opportunities like this simply do not come around often.
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 15,186 properties. Over the last 5 years, Houses in Cheltenham have seen a 0.77% increase in median value, while Units have seen a 2.26% increase. As at 30 June 2026:
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