405/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

405/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 65m2
Land area: 4010m2
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Property Details for 405/1228 Nepean Hwy, Cheltenham

405/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4010m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2018
Floor Size
65m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
405/PS722823

Last Listing description (June 2022)

Relaxed bayside ambience meets vibrant, urban chic in a location buzzing with energy. Make the most of living bayside and settle amongst this lovely community. Nearby the Charman Rd shops, Cheltenham Recreation Reserve or Sandringham Golf Course. Just over 4kms to the beach and 1km from Southland shopping centre, this apartment offers the best of both worlds.

Enjoy this modern apartment, featuring timber floors and stainless steel kitchen appliances, split system air conditioning and two generously sized bedrooms (master with ensuite) both with built in robes. The open plan living area is seamlessly integrated with the balcony and the addition of secure intercom access, basement car park plus storage cage and European laundry add to the appeal.

With easy access to Nepean Highway and Cheltenham train station, the perfect opportunity for your next home or investment opportunity awaits.

Property History for 405/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$460,000
21 May 2022
Listed for Rent
$420/w
01 Mar 2021
  • 21 May 2022
    Sold for $460,000
  • 02 May 2022
    Listed for Sale $460,000 - $480,000 offers close 31st May @ 11am
  • 01 Mar 2021
    Listed for Rent $420 / week
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About 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 15,203 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:

  • The median value for Houses in Cheltenham is $1,210,049 while the median value for Units is $715,290.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 64 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 631 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.