52 Herald StreetCheltenham VIC 3192
Property Details for 52 Herald St, Cheltenham
52 Herald St, Cheltenham is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2024. The property has a land size of 706m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Unit sold in Cheltenham in the last 12 months.
Last Listing description (March 2026)
Astute investors, new-home builders and discerning developers will immediately recognise the exceptional potential of this substantial 706sqm (approx.) allotment. While the existing home is comfortable and ready to enjoy, the real value lies in the approved plans and permits already in placestreamlining your path to a premium dual-occupancy project.Currently leased and returning $580 per week, the residence provides solid holding income while you prepare to capitalise on the sites future. Approved plans feature two side-by-side, double-storey townhouses, each boasting four bedrooms (all with WIRs and ensuites), spacious living domains and single lock-up garagesan offering tailored to meet strong market demand.The existing home includes a generous L-shaped lounge/dining area, well-equipped kitchen with breakfast bar, central family bathroom and three well-sized bedrooms. Additional features include a laundry, separate WC, ducted heating, a powered freestanding studio/bungalow, and a double garage with workshop area.Positioned in a high-appeal, family-focused neighbourhood, the property sits within the sought-after Cheltenham Secondary College zone and is moments from Southland Shopping Centre, DFO, Kingston Central Plaza, Kingston Heath Reserve, parks, transport and an array of everyday conveniences.For further information on this development-ready opportunity, please contact Emily Whitehead at Buxton on 0420 997 276.Disclaimer:The floorplan, room measurements, and land size provided are approximate and for illustrative purposes only. Buxton makes no representations or warranties regarding the accuracy, completeness, or reliability of any floorplan, drawing, or rendering used in the advertising materials. Buxton disclaims any liability for errors, omissions, or inaccuracies in the depiction of the land, property, or any described features. Prospective purchasers should conduct their own due diligence and seek independent professional advice to verify all information.
Property History for 52 Herald St, Cheltenham, VIC 3192
- 22 Feb 2026Sold for $1,255,000
- 17 Nov 2025Listed for Sale PLANS AND PERMIT $1,200,000 - $1,290,000
- 23 Oct 2024Listed for Rent $580 / week
Recent sales nearby
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0About 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 15,160 properties. Over the last 5 years, Houses in Cheltenham have seen a 5.37% increase in median value, while Units have seen a 5.22% increase. As at 31 May 2026:
- The median value for Houses in Cheltenham is $1,279,114 while the median value for Units is $713,714.
- Houses have a median rent of $750 while Units have a median rent of $585.
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