5 Wembley Ave, Cheltenham is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 463m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
An exciting market opportunity and especially lucrative for young and growing families hoping to unpack in this walk-to-anywhere "Pennydale" precinct of beautiful Cheltenham - here's a wonderful buy for those hunting genuine value in a super-centralised, convenient and highly sought-after location.
Within a few doors from the lush greens of the prestigious Victoria Golf Course and Cheltenham GC and Cheltenham Park; close to Royal Melbourne GC, Southland shops and station, Olympic Ave Kinder & local parks, Cheltenham station and Charman Road's latte strip; Sir William Fry Reserve, Mentone and Beaumaris' beautiful beaches, the great Bay Trail, and some of Melbourne's most elite private schools including Mentone Grammar, Mentone Girls Grammar, St Bedes and Kilbreda.
This beautifully looked-after and modernised blonde-brick home comes filled with original decorative features alongside the creature comforts of today. Solid timber floorboards throughout, picture rails, LED downlights, a beautiful paint palette, double block-out/privacy blinds over original sash windows; ducted gas heating, split system air-conditioning AND an ambient gas log fire.
Comprising three generous bedrooms with robes and two bathrooms, the main with a bath, a shower and a separate toilet, plus a modern 2nd bathroom and a laundry. Spacious L-shaped lounge and dining room open to a modern kitchen with a truckload of storage, stainless steel cooking appliances and a dishwasher. Outside, there's gated side access to a double carport, a garden shed, an easy-care rear courtyard and a generous front yard to further enhance.
Opportunities to snap up an affordable entry into this popular address are few and far between. Move in and enjoy the home and the location for all it offers, and renovate, extend or rebuild in your own time - or simply invest in this Pennydale address and watch your capital grow!
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
*As per government regulations, anyone attending a public open home inspection or auction must provide proof of double vaccination and check in via the QR code provided on site.
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 15,148 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.65% increase in median value, while Units have seen a 15.77% increase. As at 31 December 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© 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.
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.