13/11 Hannah Street, Cheltenham VIC 3192
13/11 Hannah Street, Cheltenham VIC 3192
2-bed unit with 2-car parking | 205mยฒ land | 1987 build in low-rise pocket | suits downsizers and investors
The property is distinguished by its two car spaces and 205-square-metre land area, which are considered standout features for a unit of this age in Cheltenham. Its low-rise 1987 construction places it within a well-established suburban stock, often favoured by downsizers and investors who prioritise parking and private outdoor space over internal footprint. The configuration is viewed as practical and competitive, though a direct assessment of the internal condition is recommended to confirm its market positioning.
The internal finishes and any recent renovations may materially affect the final price, as no details are confirmed. The bedroom count might warrant verification against the title, given a noted inconsistency in available data. The lack of shared amenities could limit appeal for some buyers, making the property best suited to those who value land and parking over communal features.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 13/11 Hannah Street, Cheltenham VIC 3192
Market Insight:
Cheltenham presents as a well-established bayside suburb with solid fundamentals, driven by its proximity to beaches, shopping, and transport links. Demand is diverse, supported by healthy rental growth and strong auction clearance rates, indicating sustained interest from both owner-occupiers and investors. Recent price trends for houses show moderate growth, while the unit market is more varied. Key future drivers include its enduring locational appeal, though high house prices present an affordability constraint, and sales volume trends suggest a measured market tempo.