717/8 Railway Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

717/8 Railway Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 4011m2
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Property Details for 717/8 Railway Rd, Cheltenham

717/8 Railway Rd, Cheltenham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 4011m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2018
Floor Size
59m2
Land Size
4011m2
Local Government
Kingston
Lot/Plan
717/PS722823

Last Listing description (January 2025)

Incredible convenience and absolute comfort are the standout headlines of this lock & leave lifestyle abode right in the heart of vibrant Cheltenham. Presenting easy care spaces suited to a busy professional lifestyle along with the low maintenance accessibility needed by discerning downsizers, this is equally an ideal investment opportunity with hassle-free appeal.

Finished in contemporary charcoal and white tones that would easily complement your own furnishings, the home features a desirably open plan living/dining zone and sleek well-equipped kitchen that are oriented to capture the afternoon and evening sunshine. Outside, the broad balcony offers ample space to relax or fire up the balcony with far-reaching neighbourhood views as a calming backdrop.

Both of the bedrooms are well proportioned and benefit from fitted mirrored wardrobes; they share a modern bathroom with floor-to-ceiling tiles. A split system, secure entry and Euro laundry are added conveniences together with a coveted basement parking space, storage cage and access to the complex's communal outdoor area.

Positioned for ease, this designer setting is literally metres to the station, bus stops and fabulous dining, while shopping options including Southland plus leafy parklands and beautiful beaches are all within easy reach.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
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Property History for 717/8 Railway Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Jan 2025
Listed for Rent
$390/w
09 Mar 2021
  • 16 Jan 2025
    Sold for $450,000
  • 06 Dec 2024
    Listed for Sale Contact Agent
  • 09 Mar 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 28.65% increase in median value, while Units have seen a 15.77% increase. As at 31 December 2025:

  • The median value for Houses in Cheltenham is $1,312,269 while the median value for Units is $725,359.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 49 properties listed for sale, and 29 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 666 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.