25 Parkin AvenueCheltenham VIC 3192
Property Details for 25 Parkin Ave, Cheltenham
Last Listing description (December 2025)
Positioned in the heart of Cheltenham, one of Melbournes most desirable Bayside suburbs, this exceptional re-development opportunity combines outstanding location with remarkable potential.
Set on a generous 599sqm (approx.) allotment (STCA), the property presents a rare chance to secure prime real estate in a well-connected and thriving community.
Surrounded by established homes and tree-lined streets, and only moments from Southland Shopping Centre, Cheltenham and Mentone train stations, local cafs, parklands, and leading schools including Cheltenham Secondary College and Mentone Grammar, this site is ideally suited for a high-end residential development or a custom-designed family home (STCA).
Opportunities of this calibre in Cheltenham are increasingly sought after. With strong buyer demand, lifestyle convenience, and a vibrant Bayside atmosphere, this is an outstanding chance to capitalise on a premier location and realise the full potential of this impressive 599sqm parcel.
PLEASE NOTE:
Every precaution has been taken to establish the accuracy of the above information but it does not constitute any representation by the vendor or agent.
Eleven North Property Group requires full contact information with all enquiries and reserves the right to withhold details if full contact information is not provided.
Property History for 25 Parkin Ave, Cheltenham, VIC 3192
- 28 Apr 2025Listed for Sale $1,150,000 - $1,250,000 | Private Sale
- 19 Aug 2006Listed for Rent - Price not available
- 23 Aug 2005Listed for Rent - Price not available
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0About 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 15,177 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:
- The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
- Houses have a median rent of $750 while Units have a median rent of $575.
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