Back 513/1228 Nepean Highway
Off Market

513/1228 Nepean Highway

Cheltenham VIC 3192

2
2
1
Apartment
Last sold for $490,000
David PickingDavid Picking, last sold this property on 09 June 2022 after 16 days on market.

Overview

Comfortable Living

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. 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
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 513/1228 Nepean Highway is $586.13k.

Median value
$586.13k
Estimated value range
$370k - $875k
Median days on market
25
Estimated value trend
18%
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 513/1228 Nepean Highway

2025
Rented
Undisclosed
Leased on 14 Oct 2025 by Ray White The Bayside Group
2022
Sold
$490,000
09 Jun 2022 by David Picking, of 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 70 reviews in Cheltenham over the last 12 months.

Local market activity for 2 bedroom apartments in Cheltenham

In the last 12 months, 86 two-bedroom apartments similar to 513/1228 Nepean Highway, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

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