707/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

707/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 4010m2
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Last updated 31 Aug 2026
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Property Details for 707/1228 Nepean Hwy, Cheltenham

707/1228 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 72m2.

Building Type
Unit
Year Built
2018
Floor Size
72m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
707/PS722823

Last Listing description (August 2019)

In Cheltenham's newest and most exciting beach side apartment development, this two bedroom, two bathroom apartment hits the heights - with cafes and shopping at the door, the station around the corner and Southland's cinemas and retail therapy just across the Highway.
This wonderful property includes;
- Carpeted bedrooms with a mirrored BIR's and wall heater

- 2 Modern bathrooms with sparkling features
- Clean and pristine kitchen with stainless steel appliances, including gas cooking and dishwasher
- Euro laundry
- Secure carpark
- Storage cage
- Huge Balcony with wonderful views
- Use of common area with built-in BBQ facilities.

Property History for 707/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Listed for Rent
$470/w
12 Aug 2019
  • 12 Aug 2019
    Listed for Rent $470 / week
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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 15,228 properties. Over the last 5 years, Houses in Cheltenham have seen a -9.31% decrease in median value, while Units have seen a 1.46% increase. As at 31 August 2026:

  • The median value for Houses in Cheltenham is $1,173,644 while the median value for Units is $707,971.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 62 properties listed for sale, and 34 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 600 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.