4/392-394 Bay Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

4/392-394 Bay Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 185m2
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Property Details for 4/392-394 Bay Rd, Cheltenham

4/392-394 Bay Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 185m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1994
Floor Size
91m2
Land Size
185m2
Local Government
Bayside
Lot/Plan
4/PS320237

Last Listing description (April 2024)

This light filled unit in the heart of Cheltenham, offers two bedrooms, one bathroom and features a spacious interior with hardwood flooring & carpet, creating a warm and inviting atmosphere.

The unit boasts a courtyard, perfect for enjoying the outdoors and entertaining guests. With a garage space included, parking will never be an issue.

In an unbeatable location, this home is only a short walk to Southland Shopping Centre, multiple reserves, schools and all the everyday amenities. Enjoy the convenience of a ten minute drive to Sandringham Beach.

Property Features:
- Split-System Air Conditioning
- Ducted heating
- Carpeted bedrooms

Property History for 4/392-394 Bay Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$590,000
14 Oct 2022
Listed for Rent
$550/w
07 Apr 2024
  • 02 Apr 2024
    Listed for Rent $550 / week
  • 14 Oct 2022
    Sold for $590,000
  • 21 Sep 2022
    Listed for Sale Under Offer
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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 31.93% increase in median value, while Units have seen a 18.05% increase. As at 30 November 2025:

  • The median value for Houses in Cheltenham is $1,306,671 while the median value for Units is $724,622.
  • Houses have a median rent of $725 while Units have a median rent of $550.
There are currently 48 properties listed for sale, and 24 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 660 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.