Back 220/8 Railway Road
Off Market

220/8 Railway Road

Cheltenham VIC 3192

1
1
1
Apartment
Last sold for $340,000
Dinesh RaghuDinesh Raghu, last sold this property on 09 March 2026 after 10 days on market.

Overview

Stylish & Secure Living in the Heart of Cheltenham

Built in 2018, this 1 bedroom, 1 bathroom, 1 car space apartment delivers the perfect combination of lifestyle, location and low-maintenance living. Whether you're a first home buyer, downsizer or investor, this is a smart opportunity in one of Bayside's most connected pockets. Prime Lifestyle Location: Enjoy unbeatable convenience just moments from - Cheltenham Village shops & cafes - Cheltenham Train Station - Southland Shopping Centre - Bayside beaches & parklands - Easy CBD access via train Investment Appeal: - Rental return approx. $530–$550 per week - Strong tenant demand in this location - Low-maintenance modern build (2018) Outgoings: - Council Rates: $923.62 per year - Water Rates: Approx. $176.08 per quarter (service charges only) - Owners Corporation: Approx. $680 per quarter Estimated Sizes: - Internal Living 42m²(Approx.) - Balcony 9.4 m²(Approx.) - Total Including Balcony= 51m²(Approx) Modern Design & Quality Finishes: Spacious open-plan living & dining area Private, generous terrace – ideal for entertaining or relaxing Stylish kitchen with: Stone benchtops Light timber cabinetry Miele cooktop & oven Dishwasher included Tiled kitchen flooring Carpeted living area Double-glazed windows throughout Comfortable & Functional Layout: Well-sized bedroom with panel heater European laundry Air conditioning in living zone Contemporary bathroom Video intercom system Secure lift access Secure Car Space – Not a Stacker! Proper underground car space on title Not a stacker Large storage cage included This is a genuine value-add that many apartments simply don't offer. Resident Amenities: Landscaped communal courtyard Seating areas BBQ facilities Perfect for entertaining guests or enjoying relaxed outdoor time. Enquire today to arrange your inspection. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate

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 220/8 Railway Road is $355k.

Median value
$355k
Estimated value range
$292.5k - $472k
Median days on market
24
Estimated value trend
1%
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 220/8 Railway Road

2026
Sold
$340,000
09 Mar 2026 by Dinesh Raghu, of Hall & Partners First National - Dandenong
2021
Sold
$330,000
01 Aug 2021 by David Picking, of Wood Property

Happy sellers in Cheltenham

90%
90% 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 70 reviews in Cheltenham over the last 12 months.

Local market activity for 1 bedroom apartments in Cheltenham

In the last 12 months, 18 one-bedroom apartments similar to 220/8 Railway Road, have been sold.

This represents a 90% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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