40 Paul Street, Cheltenham, VIC 3192 sold on 19 March 2025 | OnTheHouse
 
SOLD
Sold on 19 Mar 2025 for $1,380,000

40 Paul Street
Cheltenham VIC 3192

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 134m2
Land area: 587m2
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Property Details for 40 Paul St, Cheltenham

40 Paul St, Cheltenham is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 587m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
134m2
Land Size
587m2
Local Government
Bayside
Lot/Plan
19/LP52435

Last Listing description (September 2024)

Located in the much sought-after Pennydale precinct, this family sized entertainer offers exceptional possibilities. Currently tenanted for those seeking a secure investment, the beauty of this unique property lies in its potential. Make your mark and create a family home to suit your taste in this once emerging and now highly prized Bayside pocket.

Immediately comfortable and ready to move straight in while you contemplate future updates, this solid brick residence boasts a northern orientation with multiple living areas configured for maximum poolside enjoyment.

Access the covered alfresco by the pool from the kitchen/dining area and also via the expansive family room with its timber beamed ceiling and warm timber feature wall next to floor to ceiling windows overlooking the pool and soaking up the sun.

A second, spacious lounge with parquetry floors ensures the whole family is comfortably catered for. A private, walled courtyard offers the perfect spot for a quiet cup of tea in the secure front yard with plenty of lawn for the kids to explore. Inside, three bedrooms all offer built-in-robes, serviced by a tranquil, timber-clad family bathroom with dual vanity.

Additional features include; kitchen with good storage, gas cooking and dishwasher. Heating and air-conditioning with a ceiling fan in the family room and master bedroom, low maintenance backyard, bright entry hall, undercover carport and additional off-street parking in the driveway.

Peaceful and positioned for absolute convenience. Walk to the bus, Southland station, Westfield shopping, dining and entertainment. With Cheltenham station, Highett shops, Bay and Charman Road cafe strips close-by. Just a few minutes from Mentone and Beaumaris' beautiful beaches, foreshores and bay walking trail.

Stroll to Pennydale park and playground, your choice of Golf courses, Sir William Fry reserve and Olympic Avenue Kindergarten. Zoned for Cheltenham Primary and Secondary with a choice of top schools nearby.

For all enquiries please contact Andrew Plousi 0411 799 023 Hodges Mentone.

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Property History for 40 Paul St, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,380,000
19 Mar 2025
Listed for Rent
$540/w
01 Feb 2021
  • 19 Mar 2025
    Sold for $1,380,000
  • 15 May 2024
    Listed for Sale Not Disclosed
  • 17 Dec 2020
    Listed for Rent $540 / week
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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 15,140 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 37 properties listed for sale, and 26 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 669 properties were sold in the past 12 months in Cheltenham.

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