Back 409/1228 Nepean Hwy
Off Market

409/1228 Nepean Hwy

Cheltenham VIC 3192

2
2
1
85 m²
Apartment
Last sold for $530,000
David PickingDavid Picking, last sold this property on 14 June 2026 after 20 days on market.

Overview

Overlooking Park Road with Huge North facing balcony

This modern 2 bedroom 2 bathroom apartment, featuring stainless steel kitchen appliances, split system air conditioning and two generously sized bedrooms with built in robes, is sure to impress. Set back from Nepean Highway to enjoy the north aspect over Park Road. The open plan living area is seamlessly integrated with the huge north facing balcony plenty of room for a BBQ or outdoor sitting area plus the addition of secure intercom access, basement car park plus storage cage and European laundry add to the comforts. With easy access to Nepean Highway and Cheltenham train station, the perfect opportunity for your next home or investment opportunity awaits. Relaxed bayside ambience meets vibrant, urban chic in a location buzzing with energy. Make the most of living bayside and settle amongst this lovely community. Nearby are the Charman Road shops, Cheltenham Recreation Reserve or Sandringham Golf Course. Just over 4kms to the beach and 1km from Southland shopping centre, this apartment offers the best of both worlds.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
85 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cheltenham over the last 12 months, the estimated median property value of 409/1228 Nepean Hwy is $592.25k.

Median value
$592.25k
Estimated value range
$370k - $875k
Median days on market
27
Estimated value trend
13%
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 409/1228 Nepean Hwy

2026
Sold
$530,000
14 Jun 2026 by David Picking, of Wood Property
2025
Rented
Undisclosed
Leased on 17 Mar 2025 by Wood Property
2024
Rented
Undisclosed
Leased on 05 Mar 2024 by Wood Property

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 59 reviews in Cheltenham over the last 12 months.

Local market activity for 2 bedroom apartments in Cheltenham

In the last 12 months, 84 two-bedroom apartments similar to 409/1228 Nepean Hwy, have been sold.

This represents a 28% increase in two-bedroom apartments sales when compared to the previous 12 months.

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