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 › Chesterville Rd
$1,600,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
537 m²
Land
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
Asking
$1,600,000
Asking · $2,980/m² of land
No recorded sale for this property.
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
+20.8%
Median sale
Suburb $1,325,000
-0.44 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.
$95,314 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Cheltenham's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Buy My PlacePhone Enquiry ID: 234569
68 Chesterville Road, Cheltenham VIC 3192.
Land Size: 537m^2 (Approx. 15m \times 36m)
Title Details: Lot 7 LP135765.
Zoning: Residential within the Kingston local government area.
Planning Overlays: No Bushfire, Flood, or Heritage overlays detected.
First Time Offered. Family Living with Style, Storage & Lifestyle Convenience.
This impeccably presented residence delivers approximately (261m^2) of comfortable living on a generous 537m^2 allotment.
Renovated, and maintained to a high standard, the home combines timeless character with new upgrades and excellent indoor–outdoor functionality.
Freshly painted inside and out and presented in a pristine, move-in-ready condition, this is a rare opportunity for families seeking space, flexibility, and bayside convenience in the heart of Cheltenham. The local beach is literally a few minutes away, walking distance to Nepean Highway.
Price Guide
$1,600,000
Inspection Details By appointment
Section 32 currently being prepared.
Home Features
Four generous bedrooms with brand new carpets and inbuilt double cupboard space.
Master bedroom with ensuite.
Brand new toilets
Two separate living areas
Formal dining area plus meals area.
Building size of approx. 261m^2 (28 squares).
Timber kitchen with stone bench tops and gas cooking, including under bench oven and Dishwasher
Authentic timber doors and decorative lead-light features, large windows for plenty of natural light, roller shutters. stone bench tops, brand new Gas Hot water system. Brand new oven and cook top. Sky light, Deducted heating. High front vegetation for privacy. excellent quiet neighborhood.
Brand new lights.
New roof restoration completed.
Outdoor, Large backyard with well-maintained private gardens and balcony access.
Elevated under-house storage access (high clearance for tools and equipment).
Security doors, Color bond fencing with high side gates.
Off-street parking available with two car carport spaces.
Transport: Walking distance to Cheltenham Train Station (Frankston Line) and local bus stops
Shopping: Moments from West field South land and local cafe precincts, medical precedent and local facilities
Leisure: Walking distance to Beach and close to Waves Leisure Centre.
Education: Zoned for Cheltenham Secondary College; close to Beaumaris Secondary and various primary schools.
Summary.
With clear title particulars and a location that puts the beach, train, and elite schools at your doorstep, this represents a rare opportunity in a highly sought-after pocket.
Rental Potential $4,000 p.c.m / $1000 p.c.w
All information provided, including building size (261m^2) and land area (537m^2), is based on details supplied by the vendor and third-party data (last updated Dec 2025/Sep 2025).
While every care has been taken, interested parties should also do their due diligence.
Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.