511/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

511/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
Land area: 4010m2
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Last updated 3 Aug 2026
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Property Details for 511/1228 Nepean Hwy, Cheltenham

511/1228 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 64m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2018
Floor Size
64m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
511/PS722823

Last Listing description (November 2018)

This is your chance to live in this modern and brand new 2 bedroom apartment with a spacious balcony boasting panoramic views.
Apartment comes with 2 spacious bedrooms with master's having an ensuite, enjoy the light filled living and meals which comes complete with engineered floorboards and downlights. Functional kitchen with stone benchtop, stainless steel appliances and dishwasher.
It also comes with split air conditioner, basement covered parking and a storage cage.

It is located next to Charman Road caf and shopping village, 150 meters to Cheltenham train station and only 1.2 kms to Southland Shopping Centre and Sandringham golf links.
Property is available from 10/11/2018. Please call Catherine on 0434 292 411 to book an inspection. Entry is from the corner of Park Rd and Nepean Highway

Property History for 511/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$485,000
16 Dec 2014
Listed for Rent
$450/w
20 Nov 2018
  • 07 Nov 2018
    Listed for Rent - Price not available
  • 16 Dec 2014
    Sold for $485,000
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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 62 properties listed for sale, and 30 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 625 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.