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Location

Market Insights for Cheltenham VIC 3192

New Listings (last 30 days)

Average price

$611,667

Lowest price

$540,000

Highest price

$680,000

1/233 Warrigal Road, Cheltenham VIC 3192

$780,000 - $810,000

Search Band

$700k - $750k High Confidence Calculated based on strong search observations.

Unit 2 beds 1 bath 3 cars 151 m²

Listed: 21st Jul 2026

Updated: 29th Jul 2026

Overview

Offering significantly more space than typical units, this well-presented two-bedroom residence combines the comfort and generous proportions usually found in a house with the convenience of low-maintenance living. Situated in a sought-after and accessible location within Cheltenham, the home presents an attractive option for buyers seeking a blend of lifestyle and functionality without compromise.

The interior's light and airy ambiance is complemented by expansive living spaces, including a comfortable lounge area that invites relaxation or social gatherings. The design thoughtfully separates the living and dining zones, enhancing the home's usability for both everyday living and entertaining.

At the heart of the property, a modern kitchen with ample bench space and storage caters efficiently to daily meal preparation, reflecting both style and practicality. Two well-sized bedrooms benefit from a centrally located bathroom, providing ease and privacy for residents.

Outdoor features include a private paved backyard that creates a peaceful setting, perfect for gardening enthusiasts or those who appreciate outdoor leisure in a low-upkeep environment. Additional storage and a high-quality soundproofing system enhance the overall liveability, ensuring comfort and convenience.

The property suits first-home buyers, downsizers, or investors desiring a sizeable, lifestyle-rich home alternative to standard unit living. Its location offers quick access to local shopping centres, cafes, parks, schools, and public transport, supporting a well-rounded daily life with minimal travel time.

Local Market Insights

In Cheltenham, Quiet Listings observed 6 new units entering the market over the last 30 days, down from 7 during the previous 30-day period, with an average advertised asking price of $611,667. The property type mix of listed properties is predominantly Houses at 43%, followed by townhouses (15%), and units (13%). The most active agency for units in the Cheltenham area is currently Ray White, representing 50% of new listings, followed by Buxton Real Estate Group with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.