372 Bay RoadCheltenham VIC 3192
Property Details for 372 Bay Rd, Cheltenham
372 Bay Rd, Cheltenham is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 650m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (January 2021)
Found yourself a rare opportunity in a rapidly-transforming beachside location on 650sqm/6996sqft (approx.) of premium Cheltenham land. Showing-off easy-access to Southland and 'new' train station and Bayside beaches, this much-loved family home provides versatility with an approved planning permit for a 2-lot subdivision.
This four-bedroom residence featuring north-oriented living with generous spaces, a fully functional kitchen for meals and ample bench space and vintage family bathroom. Equipped with ducted heating, an air-conditioner and a double-car auto-garage, a carport with great gardens for children to roam and family gatherings/outdoor entertaining.
It also offers excellent renovation and development potential. A permit for a fifth-bedroom extension for the existing dwelling and a three-bedroom two-bathroom townhouse at the rear. Alternative, flexible zoning to suggest apartment usage! Which empowers you to capitalize on the property's desirable location and proximity to George Fry Reserve, Southland, Sandringham College and the booming Highett village.
Contact Kevin Fan on 0491 606 640 or Sam Hartrick on 0421 272 726 for more info (plans and permit) and an inspection.
For more property visit: www.gsregroup.com.au
Property History for 372 Bay Rd, Cheltenham, VIC 3192
- 23 Dec 2020Sold for $1,196,000
- 16 Nov 2020Listed for Sale $1,200,000
- 03 Aug 2020Listed for Sale 1160000
Recent sales nearby
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0About Cheltenham 3192
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 15,162 properties. Over the last 5 years, Houses in Cheltenham have seen a 5.37% increase in median value, while Units have seen a 5.22% increase. As at 31 May 2026:
- The median value for Houses in Cheltenham is $1,279,114 while the median value for Units is $713,714.
- Houses have a median rent of $750 while Units have a median rent of $585.
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