3/1383 Nepean Hwy, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1337m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
With a central location and doorstep convenience, this appealing investment prospect will appeal to first-home buyers and professional couples looking to move into one of Bayside's most recognisable suburbs.
Two generously sized bedrooms with BIR orbit a main living zone complete with a square-set layout ideal for multiple living arrangements. Open space invites creative redesign and encourages purchasers to decorate with photographs, art, and collectibles.
With an adjoining meals area, the red tiled kitchen is replete with generous cabinet space, stainless-steel appliances, and L-shaped preparation bench.
Steps from Mentone Mall, this property is equidistant to Mentone and Cheltenham station villages, offering incredible lifestyle and entertainment opportunities that eclipse other locations in variety and quality.
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 15,205 properties. Over the last 5 years, Houses in Cheltenham have seen a -5.85% decrease in median value, while Units have seen a 3.54% increase. As at 31 July 2026:
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