528/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

528/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 53m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 528/1228 Nepean Hwy, Cheltenham

528/1228 Nepean Hwy, Cheltenham is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2018. The property has a land size of 53m2.

Building Type
House
Year Built
2018
Land Size
53m2
Local Government
Kingston

Last Listing description (August 2019)

Great Position with Bay Views.

An iconic presence on the corner of Nepean Hwy and Park Rd, The Village boasts an unmatched location that combines walk-everywhere convenience and pure Bayside appeal.

The Village is a vibrant oasis within an urbane environment - full of personality, diversity and energy.
At The Village , all the essentials are right outside your door. The shopping, services and convenience of Charman Rd - the heart of Cheltenham - is a mere 100m away. The renowned Westfield Southland Shopping Centre, home to more than 400 stores and services, is only 600m from your new home.
Whether by car or by train, half an hour to the city makes for an easy commute. Cheltenham train station is only 200m away, and direct access to Nepean Hwy means you're free to get in the car and go - anywhere, anytime.
Most people only dream of living this close to Melbourne's most iconic beaches. Enjoy the Bay Views from your own private balcony, go for a dip, or take a sunset walk. The Village makes it easy to take a cruisey, sea-side timeout.

Available to view as advertised or via private appointment. Call Steve on 0402 837 853.

Property History for 528/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
  • 07 Mar 2019
    Listed for Sale $399,000
  • 25 Oct 2018
    Listed for Sale Not Disclosed
Commute Calculator

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 15,202 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 64 properties listed for sale, and 39 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 629 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

Market Insights
Cheltenham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cheltenham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.