411/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
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411/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 4010m2
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Last updated 24 Aug 2026
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Property Details for 411/1228 Nepean Hwy, Cheltenham

411/1228 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 66m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
2018
Floor Size
66m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
411/PS722823

Last Listing description (June 2024)

A thoughtful collaboration between contemporary style and low maintenance functionality is underscored by a standout position steps from Cheltenham station village, with local lifestyle and entertainment districts at your doorstep.

The high-quality material palette comprises engineered wood and stone, with an emphasis on modern finishes and abundant natural light that takes advantage of the property's north-facing orientation.

Occupying centre-stage is a substantial 8m terrace with uninterrupted views over the surrounding area. Seamless transitions into the living zone allow for easy, multi-setting entertaining.

A stone-wrapped central kitchen features stainless-steel appliances with generous preparation space and a breakfast bar.

A primary bedroom with BIR, study nook, and ensuite is accompanied by a second bedroom with BIR and main bathroom.

Features include Euro laundry, split-system heating & cooling, BBQ terrace, fully-tiled bathrooms, secure parking, and storage cage.

Recognised as one of the most sought-after locales in the bayside area, live within walking distance of Cheltenham Park, Cheltenham station, and Southland SC; and only moments from Highett main strip, Waves Leisure Centre, and Mentone Mall. Zoning is for Cheltenham Primary School and the highly prestigious Beaumaris Secondary College.

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Property History for 411/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$490,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $490,000
  • 15 May 2024
    Listed for Sale Not Disclosed
  • 15 Feb 2022
    Sold for $472,000
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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 15,205 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 69 properties listed for sale, and 35 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 621 properties were sold in the past 12 months in Cheltenham.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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