Back 15 Lorraine Street
Off Market

15 Lorraine Street

Cheltenham VIC 3192

2
1
1
603.8 m²
House
Last sold for $1,112,000
Adam SaundersAdam Saunders, last sold this property on 13 June 2025 after 23 days on market.

Overview

Prime Location with Endless Possibilities

Unlock the enormous potential of this solid brick home on approx. 603.8m2 with a stunning renovation/extension. A rare opportunity to maximise potential, this versatile block offers the option to subdivide, or simply create a brand-new showstopper (STCA). This property sits in a highly desirable, dual-school-zoned pocket of ever-popular Cheltenham. Move-in-ready whilst you contemplate your next steps, the charming, character-filled home comprises a heated lounge, relaxed meals area, functional kitchen, central bathroom and two robed bedrooms. A full laundry with WC is also included along with a studio/storage room and lock-up garage. Take inspiration from nearby homes and craft something truly special for your family - either with the existing foundations or from scratch (both subject to council approval). But whatever you decide to do, with a location like this, you can’t go wrong. With zoning for Cheltenham and Mentone Girls’ secondary colleges and unbeatable proximity to a choice of private & independent schooling options, the home is also close to bus stops & Follett Road shops and is merely minutes to the area’s golf courses, parks, and magnificent family-friendly beaches. For more information about this potential-rich home, contact Adam Saunders or Jessica Zaviacic at Buxton Sandringham.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
603.8 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Cheltenham over the last 12 months, the estimated median property value of 15 Lorraine Street is $970k.

Median value
$970k
Estimated value range
$845k - $1.34m
Median days on market
20
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cheltenham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Lorraine Street

2025
Sold
$1,112,000
13 Jun 2025 by Adam Saunders, of Buxton Sandringham

Happy sellers in Cheltenham

89%
89% of sellers in Cheltenham reported that their sale price either exceeded or met their price expectations.

Cheltenham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Cheltenham over the last 12 months.

Local market activity for 2 bedroom houses in Cheltenham

In the last 12 months, 5 two-bedroom houses similar to 15 Lorraine Street, have been sold.

This represents a 25% increase in two-bedroom houses sales when compared to the previous 12 months.

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