25 Parkin Avenue, Cheltenham, VIC 3192 sold on 21 October 2025 | OnTheHouse
SOLD
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Sold on 21 Oct 2025 for $1,155,000

25 Parkin Avenue
Cheltenham VIC 3192

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Property Details for 25 Parkin Ave, Cheltenham

Building Type
Land

Last Listing description (October 2025)

Positioned in the heart of Cheltenham, one of Melbourne’s 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 cafés, 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

A timeline of how this property has performed in the market
Last Sold
$1,155,000
21 Oct 2025
Listed for Rent
$230/w
19 Aug 2006
  • 21 Oct 2025
    Sold for $1,155,000
  • 28 Apr 2025
    Listed for Sale $1,150,000 - $1,250,000 | Private Sale
  • 19 Aug 2006
    Listed for Rent - Price not available
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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 15,148 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 53 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 669 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Contact agent
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Jerry Yeghichian
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Eleven North
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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.