Back 52 Herald Street
Off Market

52 Herald Street

Cheltenham VIC 3192

3
1
2
706 m²
House
Last sold for $1,255,000
Emily WhiteheadEmily Whitehead, last sold this property on 21 February 2026 after 95 days on market.

Overview

An exceptional 706sqm with with PLANS AND PERMIT

Astute investors, new-home builders and discerning developers will immediately recognise the exceptional potential of this substantial 706sqm (approx.) allotment. While the existing home is comfortable and ready to enjoy, the real value lies in the approved plans and permits already in place—streamlining your path to a premium dual-occupancy project. Currently leased and returning $580 per week, the residence provides solid holding income while you prepare to capitalise on the site’s future. Approved plans feature two side-by-side, double-storey townhouses, each boasting four bedrooms (all with WIRs and ensuites), spacious living domains and single lock-up garages—an offering tailored to meet strong market demand. The existing home includes a generous L-shaped lounge/dining area, well-equipped kitchen with breakfast bar, central family bathroom and three well-sized bedrooms. Additional features include a laundry, separate WC, ducted heating, a powered freestanding studio/bungalow, and a double garage with workshop area. Positioned in a high-appeal, family-focused neighbourhood, the property sits within the sought-after Cheltenham Secondary College zone and is moments from Southland Shopping Centre, DFO, Kingston Central Plaza, Kingston Heath Reserve, parks, transport and an array of everyday conveniences. For further information on this development-ready opportunity, please contact Emily Whitehead at Buxton on 0420 997 276. Disclaimer:The floorplan, room measurements, and land size provided are approximate and for illustrative purposes only. Buxton makes no representations or warranties regarding the accuracy, completeness, or reliability of any floorplan, drawing, or rendering used in the advertising materials. Buxton disclaims any liability for errors, omissions, or inaccuracies in the depiction of the land, property, or any described features. Prospective purchasers should conduct their own due diligence and seek independent professional advice to verify all information.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
706 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cheltenham over the last 12 months, the estimated median property value of 52 Herald Street is $1.23m.

Median value
$1.23m
Estimated value range
$800k - $2.01m
Median days on market
24
Estimated value trend
5%
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 52 Herald Street

2026
Sold
$1,255,000
Private Sale/Treaty on 21 Feb 2026 by Emily Whitehead, of Buxton Mentone
2024
Rented
Undisclosed
Leased on 16 Dec 2024 by Buxton Mentone
2024
Sold
$1,435,000
04 Mar 2024 by Emily Whitehead, of Buxton Mentone

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 71 reviews in Cheltenham over the last 12 months.

Local market activity for 3 bedroom houses in Cheltenham

In the last 12 months, 96 three-bedroom houses similar to 52 Herald Street, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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