524/8 Railway Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

524/8 Railway Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 4011m2
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Property Details for 524/8 Railway Rd, Cheltenham

524/8 Railway Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4011m2. While the property is not currently for sale or for rent, it was last sold in October 2015.

Building Type
Unit
Year Built
2018
Land Size
4011m2
Local Government
Kingston
Lot/Plan
524/PS722823

Last Listing description (June 2023)

The Village combines sharp urban design with the fresh influence of its Bayside location.

This apartment includes:
- Open plan kitchen / meals & lounge area

- Carpeted bedrooms with built in robes
- European laundry
- Large Balcony
- Car space in the basement
- Embedded electricity and internet

Located 100m from the heart of Cheltenham, Charman Road and all the shopping and services this provides. With Southland Shopping Centre 600m away and Cheltenham Train Station 200m away, this location has all the essentials right outside your door.

Property History for 524/8 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$420,000
15 Oct 2015
Listed for Rent
$450/w
31 May 2023
  • 31 May 2023
    Listed for Rent - Price not available
  • 27 May 2020
    Listed for Rent $400 / week
  • 15 Oct 2015
    Sold for $420,000
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About Cheltenham 3192

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 15,175 properties. Over the last 5 years, Houses in Cheltenham have seen a 18.32% increase in median value, while Units have seen a 13.80% increase. As at 28 February 2026:

  • The median value for Houses in Cheltenham is $1,308,623 while the median value for Units is $728,802.
  • Houses have a median rent of $730 while Units have a median rent of $555.
There are currently 58 properties listed for sale, and 28 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 664 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.