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Back 17/338 Bay Rd
Off Market

17/338 Bay Rd

Cheltenham VIC 3192

1
1
1
Apartment
Last sold for $365,000
Dylan JansmaDylan Jansma, last sold this property on 19 January 2026 after 117 days on market.

Overview

Spacious, Stylish & So Well-Located

Spacious, stylish, and superbly positioned, this oversized one-bedroom apartment offers a lifestyle of convenience and comfort just moments from Southland, the beach, and bayside's best amenities. Quietly set on the first floor of a rendered and refurbished group, it delivers a beautifully proportioned interior that's rarely found in this category, making it the perfect choice for first-home buyers, downsizers, or savvy investors seeking strong rental appeal. Step inside to discover a generous open-plan living and dining zone, finished with warm hardwood flooring and bathed in natural light. The modern kitchen is both practical and stylish, featuring a glass splashback, stone-look benchtops, a breakfast bar, quality cabinetry, a Simpson oven, and a Chef induction cooktop, ideal for everyday cooking or entertaining with ease. The true highlight is the supersized bedroom, offering ample space for a reading nook, desk or additional seating area, and opening directly onto a full-width balcony, an inviting outdoor space for relaxing, working from home or hosting friends. A bright and fresh bathroom includes a European-style laundry and offers excellent functionality without compromising on style. Additional features include split-system heating and cooling, a secure entry, and an off-street car space on title. With its oversized proportions, solid construction, and unbeatable location, this home represents exceptional value and long-term appeal. Perfectly positioned to enjoy Cheltenham's growing lifestyle precinct, this address places you just a few steps from cafes, takeaway options, and a bus to the beach, while Southland's shops, trains, dining, and cinemas are a mere two-minute walk away. It's low-maintenance living with high-impact potential, ready to move in, lease out, or lock-and-leave with absolute ease. 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. * Photo ID required at all open for inspections

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Cheltenham over the last 12 months, the estimated median property value of 17/338 Bay Rd is $355k.

Median value
$355k
Estimated value range
$292.5k - $482k
Median days on market
24
Estimated value trend
3%
increase 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 17/338 Bay Rd

2026
Rented
Undisclosed
Leased on 16 Apr 2026 by Ray White The Bayside Group
2026
Sold
$365,000
19 Jan 2026 by Dylan Jansma, of Ray White The Bayside Group
2022
Sold
$270,000
Private Sale/Treaty on 12 Oct 2022 by Dylan Jansma, of Ray White The Bayside Group

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 62 reviews in Cheltenham over the last 12 months.

Local market activity for 1 bedroom apartments in Cheltenham

In the last 12 months, 20 one-bedroom apartments similar to 17/338 Bay Rd, have been sold.

This represents a 162% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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