23 Wembley Avenue, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

23 Wembley Avenue
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 215m2
Land area: 676m2
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Property Details for 23 Wembley Ave, Cheltenham

23 Wembley Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 676m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
1960
Floor Size
215m2
Land Size
676m2
Local Government
Bayside
Lot/Plan
33/LP10580

Last Listing description (June 2021)

Make the move to a prime Pennydale address and explore the potential of this spacious four-bedroom home, metres from Cheltenham Park and world-class golf courses. The classic weatherboard home on 676 square metres of land (approx) is updated and comfortable for easy living while you plan a renovation or get plans and permits in place to rebuild (STCA). Families love this neighborhood for quick access to train stations, Olympic Avenue Kindergarten, Southland, and Charman Road's shops and Cheltenham Primary School. Come and see the two family-size living zones, the flow from inside to the generous rear garden, and the self-contained studio that could become your home office or a teenage retreat. The generous main bedroom has a twin-basin ensuite and plenty of wardrobe space, the kitchen features stainless steel appliances and a servery to the family room, and the lounge-dining room is an inviting space with an open fireplace and whitewashed feature wall. An outstanding opportunity for creating a new era of family style with hectares of parkland around the corner, one of Australia's best golf courses at the top of the street, and cafes close by.

TENANTED until March 2022 for $3259 per calendar month ($750 per week)

Property History for 23 Wembley Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,905,000
02 Jun 2021
Listed for Rent
$750/w
25 Feb 2020
  • 02 Jun 2021
    Sold for $1,905,000
  • 13 May 2021
    Listed for Sale $1,375,000 - $1,475,000
  • 10 Jan 2020
    Listed for Rent $750 / 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 15,152 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 49 properties listed for sale, and 31 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 671 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.