505/1228 Nepean HighwayCheltenham VIC 3192
Property Details for 505/1228 Nepean Hwy, Cheltenham
505/1228 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 67m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Cheltenham in the last 12 months.
Last Listing description (May 2026)
Closing Date Sale Tuesday 17th March 2026 at 6pm (unless sold prior)
This beautifully presented two bedroom, two bathroom apartment delivers an exceptional lifestyle opportunity, ideally suited to professionals, downsizers, or investors seeking a vibrant, low-maintenance, and secure living environment.
Positioned on the fifth floor and bathed in natural light, the spacious open plan living and dining area is enhanced by Scandinavian engineered oak flooring, split-system heating and cooling, and double glazed tinted windows. Flowing seamlessly outdoors, the expansive full length terrace overlooks the landscaped communal courtyard, providing an ideal space for entertaining or relaxing.
The contemporary kitchen blends style with functionality, featuring gas cooking, dishwasher, generous cabinetry, and a dedicated pantry. An immaculate central bathroom showcases sleek modern finishes, mirrored cabinetry, a walk-in shower, and ample vanity storage, while a cleverly integrated European laundry adds everyday convenience. Both bedrooms are generously proportioned with built in robes, with the master bedroom further complemented by a private ensuite and a convenient study nook.
Additional features include secure intercom entry, lift access, well maintained communal areas with BBQ facilities, one undercover off street car space, and a storage cage.
Superbly located on the corner of Park Road and Nepean Highway, this apartment is just moments from the vibrant Charman Road shopping and cafe precinct, Westfield Southland, and a range of essential amenities. Cheltenham Train Station is only a five-minute walk away, offering easy access to the CBD and further enhancing the appeal of this outstanding lifestyle address
Property History for 505/1228 Nepean Hwy, Cheltenham, VIC 3192
- 14 Mar 2026Sold for $530,000
- 18 Feb 2026Listed for Sale $495,000 - $540,000
- 28 Apr 2015Sold for $460,000
Recent sales nearby
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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.
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