Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
VIC › Cheltenham › Herald St
$1,630,000
Last sold
8 July 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
355 m²
Land
292 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,630,000
8 July 2023 · derived via latest_sale
Local land rate: recorded Townhouse sales in Cheltenham (last 5 years) with land size have a median of $4,138/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Vs Cheltenham
+23.0%
Median sale
Suburb $1,325,000
-0.48 pp
Gross yield
Suburb 2.57%
Suburb median $1,325,000 from 19 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $655/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cheltenham at a glance
26,278
People
$1,325,000
Median sale
$655/wk
Median rent
2.57%
Suburb gross yield
Median sale from 19 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupBuilder-owned and at the top of the class, this 1-year old executive home on 355sqms land (approx) perfectly blends luxury with functionality, practicality, modern connection and convenience. A flawless combination of flowing, connected and useful spaces - filled with beautiful natural elements and designer fittings, fixtures, and surfaces that are a joy to see, touch, and to share.
Impeccably finished interiors, high ceilings, square-set cornices, and a sleek black & white colour palette against earthy timber and stone. A long list of high-end inclusions: Brivis ducted & zoned heating & refrigerated cooling, floor-to-ceiling windows, plantation shutters, beautiful wide-oak floorboards, plush carpets, copious walk-in/built-in custom storage; a remote garage, CCTV & Bosch3000 security system, a shed and rainwater tank.
Four king-sized bedrooms (2 master suites!) - each with custom robing systems - serviced by three STUNNING designer bathrooms - each with full-height porcelain tiles, twin basins and loads of vanity/mirror storage, plus TWO beautiful matching powder rooms - one on each level.
The grand upstairs master with a large fitted robing system continuing into a long dresser, PLUS an incredible walk-in robe and an ensuite. A second master suite downstairs with a custom fitted robing system, a private outdoor retreat and an ensuite.
Spacious, open living is apparent from the wide, gallery-style entry, flowing past the first of three functional, well-executed living spaces - an open-design study/library and an upstairs retreat ensures great space and privacy between householders.
The expansive, north-east facing living, dining and entertaining hub is the deserving heart of this exquisite home - wrapped in windows, bathed in light and perfect for any and all occasions. A state-of-the-art kitchen featuring vast stone benches including a waterfall-edge island/breakfast bar with statement pendant lighting overhead, a window splashback, premium all-black fittings, Bosch double oven & combi steamer oven, 900mm gas cooktop, range hood, integrated dishwasher, and a fully fitted butler's pantry.
Spilling out onto the covered alfresco deck with a built-in BBQ, overlooking the private, easy-care backyard enjoying ultimate peace and quiet. (292.7sqms of living approx in total)
Convenient to Cheltenham station and the vibrant Charman Road shopping & dining strip; Westfield Southland, DFO & The Mentone Centre. Close to the beach, Bayside Trail, prestige golf clubs, parks, elite private Mentone schools, and zoned for Cheltenham Secondary and Cheltenham East Primary.
When only the best will suffice, this premier residence continues to deliver in every aspect and sets a new benchmark in bayside luxury again and again.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Angela Limanis, Ray White The Bayside Group — reproduced as published, not verified by Districts.