8/216-226 Charman Road, Cheltenham, VIC 3192 | Property Value & History | OnTheHouse
OFF MARKET

8/216-226 Charman Road
Cheltenham VIC 3192

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 94m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 25 May 2026
Low

High
Save

Property Details for 8/216-226 Charman Rd, Cheltenham

8/216-226 Charman Rd, Cheltenham is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 94m2.

Building Type
Unit
Land Size
94m2
Local Government
Kingston

Last Listing description (October 2023)

Ideally located on the beach side of vibrant Cheltenham Village, this brand new development of 29 apartments delivers a sophisticated blend of stylish modern living, quality construction and environmentally efficient design.Tailored to the local market, these quality residences feature refined detail and flexible floorplans, balanced with ground level commercial spaces.

Banksia's interiors balance elegant style and practical liveability. Full height windows and soft, neutral colour palettes create light-filled and breathable interior spaces. A sense of warmth and subtle character is achieved by the use of oak timber flooring throughout the open plan living spaces, while clean minimalist-styled kitchens are fitted out with quality black Smeg appliances. With a range of options from ground floor apartments up to penthouse residences, all with landscaped private outdoor spaces, Banksia offers a diverse selection of floorplans to suit individual living requirements. Designed to meet the latest standards in environmental sustainability, each residence incorporates energy efficient features, double glazed windows, integrated heating and cooling, as well as car charging facilities in the basement.


Positioned between green open spaces, vibrant retail, diverse dining and convenient transport options, Banksia's enviable location is just minutes away from the very best that both Cheltenham and bayside Melbourne has to offer. Southland Shopping Centre is located nearby while the stunning beaches of Mentone, Sandringham and Black Rock are just minutes away. Established parklands, sporting reserves, world-class golf courses, community centres and some of the best colleges and education facilities, make Cheltenham such a desirable living locale.

A collaborative approach between Shenfield Property, Brayshaw Architects and interiors by Aldona Padjak Interior Design, Banksia achieves an unsurpassed level of urban living, respectfully integrated with its surrounds.

Property History for 8/216-226 Charman Rd, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
  • 31 Oct 2023
    Listed for Sale $780,000
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 15,163 properties. Over the last 5 years, Houses in Cheltenham have seen a 9.78% increase in median value, while Units have seen a 8.13% increase. As at 30 April 2026:

  • The median value for Houses in Cheltenham is $1,288,289 while the median value for Units is $727,334.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 72 properties listed for sale, and 27 properties listed for rent in Cheltenham on OnTheHouse. According to Cotality's data, 633 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.