Back 31B Edward Street
Off Market

31B Edward Street

Cheltenham VIC 3192

3
2
2
392 m²
Townhouse
Last sold for $1,080,000
Bridget McGrealBridget McGreal, last sold this property on 04 July 2026 after 23 days on market.

Overview

The One You've Been Waiting For

ENTRY VIA CHARLES STREET. Quietly positioned on its own title and set on approximately 392sqm of land, this single-level three-bedroom home ticks every box for those seeking an effortless, lock-up-and-leave lifestyle in one of Melbourne's most convenient bayside locations. Best of all, there are **no Owners Corporation fees**, offering greater independence and lower ongoing costs. Whether you're a first homebuyer taking that important first step onto the property ladder, a downsizer seeking to simplify without compromising on space or comfort, or an investor looking to add a quality asset to your portfolio, this property delivers on every front. Inside, the home offers a practical and well-considered floorplan across a single level, with three bedrooms, two bathrooms and easy-care living spaces that require nothing of you but to enjoy them. The low-maintenance nature of the property means more time doing the things you love and less time on upkeep. Cheltenham is one of Melbourne's most liveable bayside suburbs, and this address puts you right in the thick of it. Cheltenham and Southland train stations are within easy reach, placing the CBD firmly within commuting distance. Southland Shopping Centre, the Nepean Highway retail and dining strip, local schools, parks and recreational facilities are all close by, while the beach is just minutes away. For investors, the suburb's strong rental demand, excellent transport connectivity and enduring lifestyle appeal make this an attractive and highly lettable proposition.

Features

3 bedrooms
2 bathrooms
2 carspaces
392 m² lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Cheltenham over the last 12 months, the estimated median property value of 31B Edward Street is $1.03m.

Median value
$1.03m
Estimated value range
$781k - $1.47m
Median days on market
25
Estimated value trend
7%
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 31B Edward Street

2026
Sold
$1,080,000
Auction Sale on 04 Jul 2026 by Bridget McGreal, of Jellis Craig Mentone

Happy sellers in Cheltenham

92%
92% 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 61 reviews in Cheltenham over the last 12 months.

Local market activity for 3 bedroom townhouses in Cheltenham

In the last 12 months, 65 three-bedroom townhouses similar to 31B Edward Street, have been sold.

This represents a 15% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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