708/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

708/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 4010m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 708/1228 Nepean Hwy, Cheltenham

708/1228 Nepean Hwy, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4010m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2018
Floor Size
61m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
708/PS722823

Last Listing description (March 2021)

Your search ends here. Located on the top floor of this near new apartment block, you are situated in the heart of Cheltenham's shopping and restaurant precinct below.
A short stroll to the train station, you will no longer need the car.
This sharp urban design apartment features open plan living, two bedrooms both with built in robes and wall heaters.

Designer bathroom with Euro laundry and drying rack. Your kitchen includes high end stainless steel gas appliances and ample storage. Large double glazed sliding doors open onto an impressive balcony showcasing eye-catching views. An entertainers paradise as the balcony is large enough to accommodate a 6 seater dining setting, sofa and BBQ.
Other features include split system air conditioning in living, secure basement car park and large storage cage.
Walk to Southland, train station, only minutes to some of Melbourne best beach's.
Zoned for Beaumaris Secondary College.

Property History for 708/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$470,000
24 Feb 2021
Listed for Rent
$430/w
16 Dec 2019
  • 24 Feb 2021
    Sold for $470,000
  • 25 Jan 2021
    Listed for Sale Under Offer
  • 26 Nov 2019
    Listed for Rent $430 / week
Sign in to see more transactions
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 15,203 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 62 properties listed for sale, and 30 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 625 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.