3/89 Bernard Street, Cheltenham, VIC 3192 sold on 04 July 2025 | OnTheHouse
 
SOLD
Sold on 04 Jul 2025 for $575,000

3/89 Bernard Street
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 3/89 Bernard St, Cheltenham

3/89 Bernard St, Cheltenham is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Cheltenham in the last 12 months.

Building Type
Unit

Last Listing description (July 2025)

Presenting a fantastic opportunity for astute investors, renovators, or first-home buyers looking to enter the thriving Cheltenham market. This three-bedroom unit boasts enormous potential, ideally located in one of Cheltenham's most convenient pockets.

All three bedrooms feature built-in robes and solid timber floors, offering comfortable living combined with classic charm. The unit includes an original-style kitchen equipped with a dishwasher, perfectly functional yet ripe for renovation, allowing you to add your personal style and value.

Enjoy the comfort of year-round climate control with a split system heater and air conditioner, ensuring ease and convenience throughout Melbourne's 4 seasons in one day.

Step outside to a private courtyard ideal for relaxing or entertaining. An added external toilet provides extra convenience.

Currently leased to a reliable, long-term tenant paying $500 per week on a flexible month-to-month basis, this property provides immediate rental income, offering excellent returns while you plan your next move.

Situated in a highly sought-after location, you're within easy walking distance to local amenities, including schools, parks, cafes, and shopping centres, with public transport conveniently close by.

Bus service just a few metres away
Cheltenham Secondary College less than 250m away
Cheltenham Primary Approx 1km away
Station approx 1.5 km away
Southland approx 2km away
Charman Rd Shops approx 1 km away

Completing the package is a dedicated single carport, ensuring secure and convenient off-street parking.

Seize the opportunity to enhance and capitalize on this perfectly positioned Cheltenham unit.

Arrange your inspection today!

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Property History for 3/89 Bernard St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$575,000
04 Jul 2025
Listed for Rent
$315/w
01 Jun 2013
  • 04 Jul 2025
    Sold for $575,000
  • 07 Apr 2025
    Listed for Sale $585,000 - $643,500
  • 16 May 2013
    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 49 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 668 properties were sold in the past 12 months in Cheltenham.

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