715/1228 Nepean Highway, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

715/1228 Nepean Highway
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 4011m2
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Property Details for 715/1228 Nepean Hwy, Cheltenham

715/1228 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 4011m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2018
Floor Size
78m2
Land Size
4011m2
Local Government
Kingston
Lot/Plan
715/PS722823

Last Listing description (April 2023)

Relaxed bayside ambience meets vibrant, urban chic in a location buzzing with energy. Make the most of living bayside and settle amongst this lovely community. Nearby are the Charman Road shops, Cheltenham Recreation Reserve and Sandy Golf Course. Just over 4kms to the beach and 1km from Southland shopping centre, this apartment offers the best of both worlds.

Beautifully positioned on the 7th floor, this modern apartment features floorboards in the open plan living, dining and kitchen area. This opens onto a generous balcony which captures lovely sunshine. Features include stainless steel appliances, split system air conditioning, heating and a European laundry. There are two generous sized bedrooms with built in robes and the main bedroom with ensuite, with its own access to the balcony. There is secure intercom access, a basement car park plus a storage cage.

With easy access to Nepean Highway and Cheltenham train station, the perfect opportunity for your next home or investment opportunity awaits.

Property History for 715/1228 Nepean Hwy, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$460,000
06 Apr 2023
Listed for Rent
$390/w
10 Jun 2021
  • 06 Apr 2023
    Sold for $460,000
  • 07 Mar 2023
    Listed for Sale $465,000-$485,000 Private Sale
  • 10 Jun 2021
    Listed for Rent $390 / week
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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 15,148 properties. Over the last 5 years, Houses in Cheltenham have seen a 31.93% increase in median value, while Units have seen a 18.05% increase. As at 30 November 2025:

  • The median value for Houses in Cheltenham is $1,306,671 while the median value for Units is $724,622.
  • Houses have a median rent of $725 while Units have a median rent of $550.
There are currently 49 properties listed for sale, and 24 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 660 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.