407/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

407/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 4010m2
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Last updated 10 Aug 2026
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Property Details for 407/1228 Nepean Hwy, Cheltenham

407/1228 Nepean Hwy, Cheltenham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4010m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2018
Floor Size
45m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
407/PS722823

Last Listing description (May 2021)

All prospective renters are required to register prior to attending the inspection.

Located in one of the most popular Bayside suburbs, this one bedroom apartment offers convenience and lifestyle all rolled into one!

Featuring:

- Modern kitchen with stainless steel appliances
- Access to private car park
- Split system cooling
- Heating
- Plenty of storage
- Private balcony

Close to public transport, local cafe's and restaurants, school and shopping. Moments to the beach and walking tracks.

Book an inspection today to secure this apartment as it won't last long!

Prior to Inspection:
We recommend you do some additional research regarding the property and its location.
Where possible, complete a drive-by of the property.
Ensure you are financially confident and in a position to proceed.

Thank you for your cooperation and we look forward to assisting you

Property History for 407/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$365,000
17 Nov 2016
Listed for Rent
$350/w
07 May 2021
  • 03 Feb 2021
    Listed for Rent $350 / week
  • 17 Nov 2016
    Sold for $365,000
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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 15,204 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 34 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 629 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.