414/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

414/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 4010m2
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Last updated 17 Aug 2026
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Property Details for 414/1228 Nepean Hwy, Cheltenham

414/1228 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 58m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
2018
Floor Size
58m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
414/PS722823

Last Listing description (December 2018)

Feel at home in this brand new apartment in the heart of Cheltenham. The Village apartments offer a great opportunity for investors giving good returns, 1st home buyers wanting to get into the market or downsizers who don't want to leave the area.
Leave your car at home as everything is within walking distance from the front door; Southland, shops, caf , buses, train station, parklands, schools and cycling tracks.
This beautifully designed apartment with huge balcony offers custom cabinetry with clever use of space, 2 bedrooms with BIRs, 2 fully tiled bathrooms, stunning kitchen with Neff appliances (incl DW), huge private balcony, secure underground parking with a huge storage cage and much more.

You also have a communal BBQ facilities & sitting area on the 2nd floor - you'll feel like you've stepped into your own world of luxury.
Features include:
- Brand new & ready to move into
- Living/dining with glass doors opening to your own private balcony
- Stone kitchen with stainless steel appliances & gas cooking
- Euro Laundry
- Carpeted bedrooms with BIRs, Master with ensuite
- Fully tiled 2nd bathroom
- Video intercom entrance
- Secure parking + large storage cage
- Communal courtyard with BBQ facilities
- Minutes to bus/train station
- Restaurants, cafes, shopping on your doorstep
- Short drive to Mentone swimming beach
Please contact the agent for a private inspection or see advertised open times.
Property is ready to move into.

Property History for 414/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$480,000
29 Nov 2018
  • 29 Nov 2018
    Sold for $480,000
  • 15 Oct 2018
    Listed for Sale PRIVATE SALE - $470,000 - $499,999
  • 09 Sep 2014
    Sold for $480,000
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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 15,203 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 63 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 626 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.