513/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

513/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 4010m2
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Property Details for 513/1228 Nepean Hwy, Cheltenham

513/1228 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 June 2022.

Building Type
Unit
Year Built
2018
Floor Size
67m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
513/PS722823

Last Listing description (October 2025)

BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT INSPECTIONS!

A modern and spacious apartment offering the perfect blend of comfort, style, and practicality in a sought-after Bayside location.

This light-filled residence includes two bedrooms with built-in robes, two bathrooms, and a secure car space with a storage cage, making it an excellent choice for those seeking a low-maintenance lifestyle without compromising

on quality.

The open-plan living and dining area flows seamlessly to a private balcony with fantastic views, ideal for relaxing or entertaining. The kitchen is fitted with stainless steel appliances, gas cooking and a dishwasher,
while the euro laundry comes complete with a washing machine and dryer for added convenience.

The apartment is also partially furnished with a fridge, TV, storage unit in the bathroom, dining table with bench seating, and a comfortable couch. Comfort is assured year-round with a split-system heating and cooling unit in the living area together with panel
heating in both bedrooms.

Perfectly positioned, the property offers unbeatable convenience with Westfield Southland, Cheltenham Station, local shops, cafs and Bayside beaches all just moments away. This home is ideally suited to professionals, couples or small families seeking a modern lifestyle with added comfort and ease.

PHOTO ID REQUIRED AT ALL OPEN HOMES.

Property History for 513/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$490,000
10 Jun 2022
Listed for Rent
$550/w
15 Oct 2025
  • 01 Oct 2025
    Listed for Rent $550 / week
  • 10 Jun 2022
    Sold for $490,000
  • 24 May 2022
    Listed for Sale $475,000-$495,000 offers close 21st June @ 11am
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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 15,206 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 68 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 614 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.