711/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
 
OFF MARKET

711/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 4010m2
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Last updated 17 Aug 2026
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Property Details for 711/1228 Nepean Hwy, Cheltenham

711/1228 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 66m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2018
Floor Size
66m2
Land Size
4010m2
Local Government
Kingston
Lot/Plan
711/PS722823

Last Listing description (September 2023)

Spectacularly placed, this modern lifestyle oasis at 711/1228 Nepean Highway is an entirely secure, secluded and serene offering. Spaciously designed with two bedrooms, two bathrooms and an entertaining private terrace, sure to impress with its expensive views. Experience the best of Bayside living with access to premium golf courses, beaches, and a bustling caf society - enjoy a stunning view of Melbourne while living the high life with minimal maintenance required.

Lift access from the lobby introduces a spacious layout highlighted by an impressive kitchen with loads of cupboard and bench space, gas cooking appliances, and a dishwasher facing an open-plan tiled dining and living area that opens to a big undercover balcony. The generously proportioned light-filled bedrooms are graced with a mirrored built-in robe and serviced by a central bathroom with a shower, vanity and W/C. Creating the utmost peace of mind for a perfectly comfortable lock-and-leave experience, the home includes a security fob entry, lift access, European laundry, split system heating/cooling, security system, intercom, CCTV, a storage cage and a secure undercover parking spot.


With fabulous restaurants and shops sitting at your door, there's so much to love about the cosmopolitan feel and lifestyle that surrounds you. Perfect for first-home buyers wanting to break into this exclusive area with Cheltenham Train station and bus routes to get you where you need, Southland Shopping Centre is just moments away from fantastic dining, shopping and cinema experiences and the beautiful Cheltenham Park for a slice of tranquillity.

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Property History for 711/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$495,000
21 Aug 2023
Listed for Rent
$440/w
28 Jun 2021
  • 21 Aug 2023
    Sold for $495,000
  • 10 Aug 2023
    Listed for Sale For Sale $440,000 - $484,000
  • 14 Apr 2021
    Listed for Rent $440 / 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 15,203 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 63 properties listed for sale, and 37 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 626 properties were sold in the past 12 months in Cheltenham.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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