Back 5 Cecil Street
Off Market

5 Cecil Street

Eltham VIC 3095

3
1
1
House
Last sold for $1,251,000
Sean SalmonSean Salmon, last sold this property on 13 July 2025 after 40 days on market.

Overview

Unlimited Possibilities on Cecil Street

Experience an unparalleled chance to secure prime real estate on one of Eltham's most coveted streets! This remarkable property offers activity zone zoning, granting you direct access to the vibrant Eltham precinct and all it has to offer. Spanning a generous 968 square meters (approx.) with an impressive length of 62 meters (approx.), this nearly flat block is a developer's dream. With no significant trees to navigate, you have complete freedom to bring your architectural vision to life. Imagine the possibilities: a multi-dwelling townhouse development, a chic commercial residence, or even keeping the front home while subdividing to construct your opulent dream residence at the rear (STCA). The options are truly limitless! This property also serves as a magnificent land banking investment opportunity. With the home in rental-ready condition, its value is poised to appreciate for years to come, ensuring both immediate cash flow and long-term wealth creation.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Eltham over the last 12 months, the estimated median property value of 5 Cecil Street is $1.08m.

Median value
$1.08m
Estimated value range
$770k - $2m
Median days on market
25
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Eltham. 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 5 Cecil Street

2025
Sold
$1,251,000
13 Jul 2025 by Sean Salmon, of Ray White Eltham

Happy sellers in Eltham

87%
87% of sellers in Eltham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 13 reviews in Eltham over the last 12 months.

Local market activity for 3 bedroom houses in Eltham

In the last 12 months, 60 three-bedroom houses similar to 5 Cecil Street, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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