31b Edward St, Cheltenham is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 392m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom Townhouse sold in Cheltenham in the last 12 months.
ENTRY VIA CHARLES STREET.
Quietly positioned on its own title and set on approximately 392sqm of land, this single-level three-bedroom home ticks every box for those seeking an effortless, lock-up-and-leave lifestyle in one of Melbourne's most convenient bayside locations. Best of all, there are **no Owners Corporation fees**, offering greater independence and lower ongoing costs.
Whether you're a first homebuyer taking that important first step onto the property ladder, a downsizer seeking to simplify without compromising on space or comfort, or an investor looking to add a quality asset to your portfolio, this property delivers on every front.
Inside, the home offers a practical and well-considered floorplan across a single level, with three bedrooms, two bathrooms and easy-care living spaces that require nothing of you but to enjoy them. The low-maintenance nature of the property means more time doing the things you love and less time on upkeep.
Cheltenham is one of Melbourne's most liveable bayside suburbs, and this address puts you right in the thick of it. Cheltenham and Southland train stations are within easy reach, placing the CBD firmly within commuting distance. Southland Shopping Centre, the Nepean Highway retail and dining strip, local schools, parks and recreational facilities are all close by, while the beach is just minutes away.
For investors, the suburb's strong rental demand, excellent transport connectivity and enduring lifestyle appeal make this an attractive and highly lettable proposition.
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 15,139 properties. Over the last 5 years, Houses in Cheltenham have seen a 0.77% increase in median value, while Units have seen a 2.26% increase. As at 30 June 2026:
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