387 Bay Rd, Cheltenham is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 617m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Steps from Sir William Fry Reserve & Southland SC, this comprehensively updated entertainer offers flawless family living among beautiful backyard surrounds.
The thoughtful design takes advantage of a prized north-south aspect, with feature-length windows highlighting its original wooden floorboards and crisp white walls. With generous proportions and immersive open-plan design, the lounge/dining area is a pleasure in every season, boasting an in-built fireplace for winter evenings and French doors opening onto the delightful undercover alfresco for summer entertaining.
Four bedrooms with built-in robes intersect a second lounge and two impeccably styled family bathrooms, featuring a bespoke design including frameless shower, floor-to-ceiling tiling, and natural accents.
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 15,203 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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