294 Charman Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
OFF MARKET

294 Charman Road
Cheltenham VIC 3192

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 235m2
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Property Details for 294 Charman Rd, Cheltenham

Building Type
Commercial
Land Size
235m2
Local Government
Kingston
Lot/Plan
3/LP2822

Last Listing description (November 2020)

High quality shop & dwelling Investment!

Land area 210.0m
Floor area 420.0m

Income: $85,000 pa plus outgoings
4 year lease plus options with annual increases of 3%
Large 4 bedroom 1st floor apartment with separate front and rear entrances
1 tenant
Secure rear access with on-site parking. Car Spaces 2/3
Across the road to Cheltenham Station

An outstanding strategic investment in growing shopping precinct.
Call today to arrange a private inspection.

Disclaimer:
Note:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all inspections

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Property History for 294 Charman Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$325,000
27 Sep 2004
  • 05 Nov 2020
    Listed for Sale $1,850,000
  • 05 Oct 2018
    Listed for Sale Price on Application
  • 27 Sep 2004
    Sold for $325,000
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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 15,174 properties. Over the last 5 years, Houses in Cheltenham have seen a 15.84% increase in median value, while Units have seen a 8.24% increase. As at 31 March 2026:

  • The median value for Houses in Cheltenham is $1,299,321 while the median value for Units is $718,770.
  • Houses have a median rent of $750 while Units have a median rent of $570.
There are currently 55 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 630 properties were sold in the past 12 months in Cheltenham.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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