319/8 Railway Rd, Cheltenham is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 4011m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
An excellent opportunity to bid farewell to your landlord and climb the property tree, or add a high-yielding investment to your property portfolio, this two-bedroom "The Village" apartment represents easy, very affordable living at an address that was the first of its kind in Cheltenham's revitalised railway precinct.
Amidst a melding of colourful Melbourne vibrancy and breezy coastal ambience, this well-designed apartment is on the door of the Charman Road latte strip and Cheltenham Station - a stop away or a quick walk from Westfield Southland and an express line to the CBD. Cheltenham Park, Sandbelt Golf Courses, the beach and iconic Bay Trail are close-by.
Elevated views towards Port Phillip Bay, and featuring an unusually generous 6.3m (approx) balcony and a spacious, thoughtfully devised layout that can bend and flex to accommodate a range of buyers' needs. Functional spaces and quality, simplistic design.
Both bedrooms include mirrored robes, wall heaters and TV points - the main with a fantastic study/yoga/reading nook, and bedroom two with balcony access. Closely serviced by the sleek, fully-tiled bathroom/laundry combined with stone-top vanity, mirrored storage and an oversized shower.
Quality stone-top kitchen with NEFF cooking appliances and a dishwasher, great overhead/under-bench storage AND the owner has added a handy moveable island bench/breakfast bar. Open dining/living and a large balcony poised to bask in the glorious coastal breeze.
Video intercom, lift access, secure parking space, storage cage and standout resident facilities including a central green garden with park benches and BBQ entertaining.
An appealing investment or a chance to embrace the unique lifestyle that only Melbourne's bayside can deliver.
PLEASE 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.
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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 15,147 properties. Over the last 5 years, Houses in Cheltenham have seen a 31.93% increase in median value, while Units have seen a 18.05% increase. As at 30 November 2025:
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